YEARLY HIGH
0.0029 ILS
YEARLY LOW
0.0025 ILS
YEARLY AVERAGE
0.0027 ILS

2024 KRW to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.0029. Conversely, the yearly low was recorded on December 31, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0004 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0025, the exchange rate registered a net change of -10.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was down 5.57% compared to the 2023 peak of 0.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,296 ILS
2023 Average 14,107 ILS
Yearly Trough Low 12,317 ILS
Transaction Impact: A difference of 1,979.15 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0028
0.0025
JanuMarcMayJulySeptNove

KRW 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 0.0027, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0027
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0002 ILS (High: 0.0029 / Low: 0.0027). On the other end, June was the most stable month, with a tight range of 0.0001 ILS (High: 0.0027 / Low: 0.0027).

October Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0028) against the same month in 2023 (average: 0.0029), the exchange rate shifted by -0.0001 (-1.97%).

2024 Avg (September) 0.0028
2023 Avg (September) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0027 0.0028
February 0.0028 0.0027 0.0027
March 0.0028 0.0027 0.0027
April 0.0028 0.0027 0.0027
May 0.0028 0.0027 0.0027
June 0.0027 0.0027 0.0027
July 0.0027 0.0026 0.0027
August 0.0028 0.0027 0.0028
September 0.0029 0.0027 0.0028
October 0.0029 0.0027 0.0028
November 0.0027 0.0026 0.0027
December 0.0026 0.0025 0.0025