YEARLY HIGH
0.9902 ILS
YEARLY LOW
0.7819 ILS
YEARLY AVERAGE
0.9299 ILS

2024 PLN to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.9902. Conversely, the yearly low was recorded on January 1, dropping to 0.7819.

This high-to-low spread represents a total annual volatility of 0.2083 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9233 to the December average rate of 0.8887, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9902 was up 1.84% compared to the 2023 peak of 0.9723, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 19,803 ILS
2023 Average 17,589 ILS
Yearly Trough Low 15,638 ILS
Transaction Impact: A difference of 4,165.00 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9771
0.8807
JanuMarcMayJulySeptNove

PLN 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 0.9250, compared to 0.9347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.9250
H2 Avg (Jul–Dec) 0.9347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1641 ILS (High: 0.9461 / Low: 0.7819). On the other end, May was the most stable month, with a tight range of 0.0236 ILS (High: 0.9457 / Low: 0.9221).

January Spread (Volatile) ±0.1641
May Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0380 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9691) against the same month in 2023 (average: 0.8859), the exchange rate shifted by +0.0832 (+9.39%).

2024 Avg (September) 0.9691
2023 Avg (September) 0.8859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9461 0.7819 0.9233
February 0.9222 0.8944 0.9095
March 0.9326 0.8952 0.9167
April 0.9528 0.9137 0.9364
May 0.9457 0.9221 0.9345
June 0.9488 0.9096 0.9297
July 0.9488 0.9202 0.9311
August 0.9742 0.9358 0.9562
September 0.9902 0.9350 0.9691
October 0.9745 0.9231 0.9506
November 0.9405 0.8820 0.9126
December 0.8996 0.8697 0.8887