2024 KWD to ILS Historical Review

YEARLY HIGH

12.5400 ILS

YEARLY LOW

11.5858 ILS

YEARLY AVERAGE

12.0614 ILS

2024 KWD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 12.5400. Conversely, the yearly low was recorded on March 2, dropping to 11.5858.

This high-to-low spread represents a total annual volatility of 0.9542 ILS. From a start-to-finish perspective, comparing the January average rate of 12.0577 to the December average rate of 11.7749, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.5400 was down 4.92% compared to the 2023 peak of 13.1882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,700 ILS

2023 Average 59,966 ILS

Yearly Trough Low 57,929 ILS

Transaction Impact: A difference of 4,771.19 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.3411

11.7234

JanuMarcMayJulySeptNove

KWD 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 12.0249, compared to 12.0978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0729 points.

H1 Avg (Jan–Jun) 12.0249

H2 Avg (Jul–Dec) 12.0978

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6549 ILS (High: 12.5400 / Low: 11.8851). On the other end, May was the most stable month, with a tight range of 0.2663 ILS (High: 12.1872 / Low: 11.9209).

August Spread (Volatile) ±0.6549

May Spread (Stable) ±0.2663

Growth Streaks & Declines

Trends

Between July and October, 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 0.3363 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.1798) against the same month in 2023 (average: 12.1602), the exchange rate shifted by +0.0196 (+0.16%).

2024 Avg (August) 12.1798

2023 Avg (August) 12.1602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3287	11.7036	12.0577
February	12.0050	11.6066	11.8388
March	12.0114	11.5858	11.8169
April	12.4261	11.9264	12.2083
May	12.1872	11.9209	12.0511
June	12.2768	11.9681	12.1767
July	12.3074	11.8148	12.0090
August	12.5400	11.8851	12.1798
September	12.4115	11.8843	12.2226
October	12.4658	12.0742	12.2896
November	12.2914	11.8249	12.1112
December	11.9541	11.5940	11.7749