2024 LKR to ILS Historical Review

YEARLY HIGH

0.0129 ILS

YEARLY LOW

0.0111 ILS

YEARLY AVERAGE

0.0123 ILS

2024 LKR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0129. Conversely, the yearly low was recorded on January 1, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0018 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0124, the exchange rate registered a net change of 7.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0129 was up 0.19% compared to the 2023 peak of 0.0129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65 ILS

2023 Average 56 ILS

Yearly Trough Low 55 ILS

Transaction Impact: A difference of 9.24 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0130

0.0114

JanuMarcMayJulySeptNove

LKR 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 0.0121, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0121

H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0008 ILS (High: 0.0123 / Low: 0.0115). On the other end, February was the most stable month, with a tight range of 0.0003 ILS (High: 0.0118 / Low: 0.0115).

March Spread (Volatile) ±0.0008

February Spread (Stable) ±0.0003

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0128) against the same month in 2023 (average: 0.0122), the exchange rate shifted by +0.0006 (+4.77%).

2024 Avg (October) 0.0128

2023 Avg (October) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0118	0.0111	0.0116
February	0.0118	0.0115	0.0117
March	0.0123	0.0115	0.0119
April	0.0129	0.0122	0.0126
May	0.0126	0.0122	0.0124
June	0.0124	0.0122	0.0123
July	0.0124	0.0119	0.0121
August	0.0127	0.0121	0.0124
September	0.0126	0.0121	0.0124
October	0.0129	0.0126	0.0128
November	0.0129	0.0125	0.0127
December	0.0126	0.0123	0.0124