2024 PGK to ILS Historical Review

YEARLY HIGH

1.0191 ILS

YEARLY LOW

0.8805 ILS

YEARLY AVERAGE

0.9514 ILS

2024 PGK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.0191. Conversely, the yearly low was recorded on December 9, dropping to 0.8805.

This high-to-low spread represents a total annual volatility of 0.1386 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9933 to the December average rate of 0.8963, the exchange rate registered a net change of -9.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0191 was down 7.12% compared to the 2023 peak of 1.0972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,095 ILS

2023 Average 5,117 ILS

Yearly Trough Low 4,402 ILS

Transaction Impact: A difference of 692.94 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0031

0.8866

JanuMarcMayJulySeptNove

PGK 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 0.9691, compared to 0.9337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 0.9691

H2 Avg (Jul–Dec) 0.9337

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0689 ILS (High: 1.0191 / Low: 0.9502). On the other end, May was the most stable month, with a tight range of 0.0309 ILS (High: 0.9732 / Low: 0.9423).

January Spread (Volatile) ±0.0689

May Spread (Stable) ±0.0309

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0291 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.9933) against the same month in 2023 (average: 0.9776), the exchange rate shifted by +0.0157 (+1.61%).

2024 Avg (January) 0.9933

2023 Avg (January) 0.9776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0191	0.9502	0.9933
February	0.9914	0.9448	0.9659
March	0.9747	0.9361	0.9564
April	0.9994	0.9612	0.9836
May	0.9732	0.9423	0.9545
June	0.9801	0.9431	0.9609
July	0.9796	0.9248	0.9421
August	0.9744	0.9162	0.9479
September	0.9664	0.9173	0.9422
October	0.9593	0.9230	0.9486
November	0.9408	0.9002	0.9253
December	0.9233	0.8805	0.8963