2024 NZD to ILS Historical Review

YEARLY HIGH

2.3862 ILS

YEARLY LOW

2.0140 ILS

YEARLY AVERAGE

2.2394 ILS

2024 NZD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.3862. Conversely, the yearly low was recorded on December 18, dropping to 2.0140.

This high-to-low spread represents a total annual volatility of 0.3722 ILS. From a start-to-finish perspective, comparing the January average rate of 2.2897 to the December average rate of 2.0790, the exchange rate registered a net change of -9.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3862 was down 0.02% compared to the 2023 peak of 2.3866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,931 ILS

2023 Average 11,309 ILS

Yearly Trough Low 10,070 ILS

Transaction Impact: A difference of 1,860.89 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3471

2.0547

JanuMarcMayJulySeptNove

NZD 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 2.2507, compared to 2.2280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 2.2507

H2 Avg (Jul–Dec) 2.2280

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1589 ILS (High: 2.3690 / Low: 2.2101). On the other end, June was the most stable month, with a tight range of 0.0405 ILS (High: 2.3119 / Low: 2.2715).

October Spread (Volatile) ±0.1589

June Spread (Stable) ±0.0405

Growth Streaks & Declines

Trends

Between March and June, 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 0.1189 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3228) against the same month in 2023 (average: 2.2625), the exchange rate shifted by +0.0603 (+2.66%).

2024 Avg (September) 2.3228

2023 Avg (September) 2.2625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3393	2.2248	2.2897
February	2.2742	2.1744	2.2331
March	2.2507	2.1764	2.2069
April	2.2752	2.1888	2.2378
May	2.2878	2.2181	2.2470
June	2.3119	2.2715	2.2898
July	2.2999	2.1535	2.2158
August	2.3009	2.2048	2.2645
September	2.3862	2.2679	2.3228
October	2.3690	2.2101	2.2881
November	2.2540	2.1113	2.1979
December	2.1480	2.0140	2.0790