YEARLY HIGH
0.0207 ILS
YEARLY LOW
0.0186 ILS
YEARLY AVERAGE
0.0193 ILS

2024 LRD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0207. Conversely, the yearly low was recorded on July 12, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0021 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0196 to the December average rate of 0.0201, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0207 was down 13.22% compared to the 2023 peak of 0.0239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103 ILS
2023 Average 106 ILS
Yearly Trough Low 93 ILS
Transaction Impact: A difference of 10.71 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0202
0.0187
JanuMarcMayJulySeptNove

LRD 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 0.0192, compared to 0.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0192
H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0012 ILS (High: 0.0207 / Low: 0.0195). On the other end, October was the most stable month, with a tight range of 0.0005 ILS (High: 0.0197 / Low: 0.0193).

November Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and November, 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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0201) against the same month in 2023 (average: 0.0203), the exchange rate shifted by -0.0001 (-0.67%).

2024 Avg (November) 0.0201
2023 Avg (November) 0.0203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0201 0.0191 0.0196
February 0.0194 0.0186 0.0191
March 0.0192 0.0186 0.0189
April 0.0202 0.0191 0.0195
May 0.0194 0.0189 0.0191
June 0.0194 0.0189 0.0192
July 0.0194 0.0186 0.0188
August 0.0196 0.0186 0.0190
September 0.0194 0.0186 0.0191
October 0.0197 0.0193 0.0195
November 0.0207 0.0195 0.0201
December 0.0204 0.0198 0.0201