YEARLY HIGH
0.2187 ILS
YEARLY LOW
0.1941 ILS
YEARLY AVERAGE
0.2088 ILS

2024 MDL to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.2187. Conversely, the yearly low was recorded on December 9, dropping to 0.1941.

This high-to-low spread represents a total annual volatility of 0.0246 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2105 to the December average rate of 0.1978, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2187 was down 3.20% compared to the 2023 peak of 0.2259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,094 ILS
2023 Average 1,019 ILS
Yearly Trough Low 971 ILS
Transaction Impact: A difference of 122.99 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2164
0.1961
JanuMarcMayJulySeptNove

MDL 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 0.2089, compared to 0.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2089
H2 Avg (Jul–Dec) 0.2087

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0119 ILS (High: 0.2108 / Low: 0.1989). On the other end, June was the most stable month, with a tight range of 0.0060 ILS (High: 0.2144 / Low: 0.2084).

November Spread (Volatile) ±0.0119
June Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between February and April, 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 0.0084 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2147) against the same month in 2023 (average: 0.2123), the exchange rate shifted by +0.0023 (+1.10%).

2024 Avg (September) 0.2147
2023 Avg (September) 0.2123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2155 0.2056 0.2105
February 0.2080 0.2010 0.2047
March 0.2098 0.2014 0.2058
April 0.2150 0.2089 0.2121
May 0.2129 0.2064 0.2097
June 0.2144 0.2084 0.2107
July 0.2133 0.2047 0.2075
August 0.2178 0.2081 0.2128
September 0.2187 0.2093 0.2147
October 0.2187 0.2076 0.2130
November 0.2108 0.1989 0.2062
December 0.2004 0.1941 0.1978