YEARLY HIGH
0.0453 ILS
YEARLY LOW
0.0399 ILS
YEARLY AVERAGE
0.0425 ILS

2024 KGS to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0453. Conversely, the yearly low was recorded on March 2, dropping to 0.0399.

This high-to-low spread represents a total annual volatility of 0.0054 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0416 to the December average rate of 0.0417, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0453 was down 0.76% compared to the 2023 peak of 0.0457, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 227 ILS
2023 Average 210 ILS
Yearly Trough Low 199 ILS
Transaction Impact: A difference of 27.14 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0446
0.0402
JanuMarcMayJulySeptNove

KGS 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 0.0417, compared to 0.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0417
H2 Avg (Jul–Dec) 0.0433

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0027 ILS (High: 0.0453 / Low: 0.0427). On the other end, May was the most stable month, with a tight range of 0.0008 ILS (High: 0.0424 / Low: 0.0416).

August Spread (Volatile) ±0.0027
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0437) against the same month in 2023 (average: 0.0425), the exchange rate shifted by +0.0012 (+2.79%).

2024 Avg (August) 0.0437
2023 Avg (August) 0.0425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0425 0.0404 0.0416
February 0.0413 0.0399 0.0408
March 0.0413 0.0399 0.0406
April 0.0431 0.0411 0.0422
May 0.0424 0.0416 0.0419
June 0.0436 0.0418 0.0429
July 0.0448 0.0424 0.0432
August 0.0453 0.0427 0.0437
September 0.0449 0.0428 0.0442
October 0.0452 0.0431 0.0441
November 0.0437 0.0419 0.0431
December 0.0423 0.0411 0.0417