2024 KES to ILS Historical Review

YEARLY HIGH

0.0297 ILS

YEARLY LOW

0.0223 ILS

YEARLY AVERAGE

0.0276 ILS

2024 KES to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 0.0297. Conversely, the yearly low was recorded on February 4, dropping to 0.0223.

This high-to-low spread represents a total annual volatility of 0.0074 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0232 to the December average rate of 0.0280, the exchange rate registered a net change of 20.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0297 was up 2.31% compared to the 2023 peak of 0.0290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148 ILS

2023 Average 132 ILS

Yearly Trough Low 112 ILS

Transaction Impact: A difference of 36.77 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0298

0.0226

JanuMarcMayJulySeptNove

KES 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 0.0265, compared to 0.0287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0265

H2 Avg (Jul–Dec) 0.0287

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0037 ILS (High: 0.0280 / Low: 0.0243). On the other end, October was the most stable month, with a tight range of 0.0009 ILS (High: 0.0296 / Low: 0.0287).

March Spread (Volatile) ±0.0037

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0286) against the same month in 2023 (average: 0.0271), the exchange rate shifted by +0.0016 (+5.83%).

2024 Avg (April) 0.0286

2023 Avg (April) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0238	0.0225	0.0232
February	0.0255	0.0223	0.0239
March	0.0280	0.0243	0.0265
April	0.0297	0.0278	0.0286
May	0.0288	0.0275	0.0281
June	0.0293	0.0281	0.0288
July	0.0292	0.0276	0.0285
August	0.0295	0.0281	0.0288
September	0.0294	0.0281	0.0289
October	0.0296	0.0287	0.0292
November	0.0291	0.0281	0.0288
December	0.0285	0.0275	0.0280