YEARLY HIGH
0.0266 ILS
YEARLY LOW
0.0226 ILS
YEARLY AVERAGE
0.0245 ILS

2024 JPY to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.0266. Conversely, the yearly low was recorded on July 10, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0040 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0254 to the December average rate of 0.0235, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0266 was down 4.53% compared to the 2023 peak of 0.0279, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 13,321 ILS
2023 Average 13,125 ILS
Yearly Trough Low 11,324 ILS
Transaction Impact: A difference of 1,997.07 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0264
0.0230
JanuMarcMayJulySeptNove

JPY 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 0.0243, compared to 0.0246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0243
H2 Avg (Jul–Dec) 0.0246

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0025 ILS (High: 0.0251 / Low: 0.0226). On the other end, June was the most stable month, with a tight range of 0.0007 ILS (High: 0.0240 / Low: 0.0233).

July Spread (Volatile) ±0.0025
June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and September, 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 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0261) against the same month in 2023 (average: 0.0258), the exchange rate shifted by +0.0003 (+1.00%).

2024 Avg (September) 0.0261
2023 Avg (September) 0.0258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0258 0.0248 0.0254
February 0.0250 0.0238 0.0244
March 0.0248 0.0238 0.0243
April 0.0248 0.0237 0.0244
May 0.0243 0.0233 0.0238
June 0.0240 0.0233 0.0236
July 0.0251 0.0226 0.0233
August 0.0265 0.0247 0.0255
September 0.0266 0.0248 0.0261
October 0.0261 0.0242 0.0251
November 0.0247 0.0236 0.0242
December 0.0244 0.0231 0.0235