2024 ILS to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |