YEARLY HIGH
3570.2949 SYP
YEARLY LOW
655.5933 SYP
YEARLY AVERAGE
763.7652 SYP

2024 ILS to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3570.2949. Conversely, the yearly low was recorded on August 6, dropping to 655.5933.

This high-to-low spread represents a total annual volatility of 2914.7015 SYP. From a start-to-finish perspective, comparing the January average rate of 677.5989 to the December average rate of 1710.1977, the exchange rate registered a net change of 152.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3570.2949 was up 378.01% compared to the 2023 peak of 746.9143, 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 17,851,474 SYP
2023 Average 3,413,287 SYP
Yearly Trough Low 3,277,967 SYP
Transaction Impact: A difference of 14,573,507.72 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1814.4884
562.9995
JanuMarcMayJulySeptNove

ILS to SYP 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 679.8626, compared to 847.6677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 167.8051 points.

H1 Avg (Jan–Jun) 679.8626
H2 Avg (Jul–Dec) 847.6677

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 2882.7480 SYP (High: 3570.2949 / Low: 687.5469). On the other end, June was the most stable month, with a tight range of 17.7769 SYP (High: 684.9472 / Low: 667.1703).

December Spread (Volatile) ±2882.7480
June Spread (Stable) ±17.7769

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 23.2076 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -23.2076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1710.1977) against the same month in 2023 (average: 685.8085), the exchange rate shifted by +1024.3892 (+149.37%).

2024 Avg (December) 1710.1977
2023 Avg (December) 685.8085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 697.4213 661.8426 677.5989
February 703.4057 679.5511 689.5316
March 704.5596 680.2381 691.7071
April 683.2039 656.7978 668.4995
May 686.7536 668.9653 678.7618
June 684.9472 667.1703 673.0767
July 695.4648 666.0826 684.2002
August 692.5586 655.5933 675.2764
September 692.0207 663.8563 673.5779
October 678.7859 658.4293 667.2902
November 691.4155 668.9235 675.4638
December 3570.2949 687.5469 1710.1977