2024 JMD to ILS Historical Review

YEARLY HIGH

0.0245 ILS

YEARLY LOW

0.0227 ILS

YEARLY AVERAGE

0.0237 ILS

2024 JMD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.0245. Conversely, the yearly low was recorded on December 9, dropping to 0.0227.

This high-to-low spread represents a total annual volatility of 0.0019 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0232, the exchange rate registered a net change of -3.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0245 was down 6.76% compared to the 2023 peak of 0.0263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123 ILS

2023 Average 120 ILS

Yearly Trough Low 113 ILS

Transaction Impact: A difference of 9.25 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0243

0.0231

JanuMarcMayJulySeptNove

JMD to ILS 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 0.0238, compared to 0.0236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0238

H2 Avg (Jul–Dec) 0.0236

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0014 ILS (High: 0.0245 / Low: 0.0231). On the other end, June was the most stable month, with a tight range of 0.0005 ILS (High: 0.0242 / Low: 0.0237).

August Spread (Volatile) ±0.0014

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0242) against the same month in 2023 (average: 0.0239), the exchange rate shifted by +0.0003 (+1.45%).

2024 Avg (April) 0.0242

2023 Avg (April) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0245	0.0233	0.0239
February	0.0238	0.0229	0.0233
March	0.0240	0.0229	0.0235
April	0.0245	0.0239	0.0242
May	0.0241	0.0234	0.0237
June	0.0242	0.0237	0.0240
July	0.0242	0.0231	0.0235
August	0.0245	0.0231	0.0238
September	0.0241	0.0231	0.0238
October	0.0242	0.0234	0.0238
November	0.0237	0.0229	0.0235
December	0.0237	0.0227	0.0232