YEARLY HIGH
2.4587 SVC
YEARLY LOW
2.2818 SVC
YEARLY AVERAGE
2.3644 SVC

2024 ILS to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 2.4587. Conversely, the yearly low was recorded on August 4, dropping to 2.2818.

This high-to-low spread represents a total annual volatility of 0.1769 SVC. From a start-to-finish perspective, comparing the January average rate of 2.3594 to the December average rate of 2.4144, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4587 was down 5.48% compared to the 2023 peak of 2.6014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ILS based on timing:

Yearly Peak High 12,294 SVC
2023 Average 11,882 SVC
Yearly Trough Low 11,409 SVC
Transaction Impact: A difference of 884.26 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4233
2.3165
JanuMarcMayJulySeptNove

ILS to SVC Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.3670, compared to 2.3617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 2.3670
H2 Avg (Jul–Dec) 2.3617

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1336 SVC (High: 2.4155 / Low: 2.2818). On the other end, May was the most stable month, with a tight range of 0.0601 SVC (High: 2.3895 / Low: 2.3294).

August Spread (Volatile) ±0.1336
May Spread (Stable) ±0.0601

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0808 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.4144) against the same month in 2023 (average: 2.3909), the exchange rate shifted by +0.0235 (+0.98%).

2024 Avg (December) 2.4144
2023 Avg (December) 2.3909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4356 2.3048 2.3594
February 2.4507 2.3680 2.4017
March 2.4525 2.3659 2.4075
April 2.3783 2.2861 2.3266
May 2.3895 2.3294 2.3630
June 2.3837 2.3225 2.3440
July 2.4221 2.3197 2.3823
August 2.4155 2.2818 2.3495
September 2.4136 2.3102 2.3462
October 2.3659 2.3018 2.3254
November 2.4094 2.3287 2.3527
December 2.4587 2.3763 2.4144