2024 RSD to ILS Historical Review

YEARLY HIGH

0.0361 ILS

YEARLY LOW

0.0317 ILS

YEARLY AVERAGE

0.0342 ILS

2024 RSD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0361. Conversely, the yearly low was recorded on December 18, dropping to 0.0317.

This high-to-low spread represents a total annual volatility of 0.0044 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0345 to the December average rate of 0.0324, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0361 was down 2.48% compared to the 2023 peak of 0.0370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 180 ILS

2023 Average 170 ILS

Yearly Trough Low 159 ILS

Transaction Impact: A difference of 21.81 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0357

0.0321

JanuMarcMayJulySeptNove

RSD 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 0.0341, compared to 0.0343 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) 0.0341

H2 Avg (Jul–Dec) 0.0343

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0023 ILS (High: 0.0350 / Low: 0.0327). On the other end, May was the most stable month, with a tight range of 0.0006 ILS (High: 0.0345 / Low: 0.0339).

November Spread (Volatile) ±0.0023

May Spread (Stable) ±0.0006

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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0354) against the same month in 2023 (average: 0.0347), the exchange rate shifted by +0.0007 (+1.92%).

2024 Avg (September) 0.0354

2023 Avg (September) 0.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0352	0.0336	0.0345
February	0.0340	0.0329	0.0336
March	0.0342	0.0330	0.0337
April	0.0349	0.0339	0.0344
May	0.0345	0.0339	0.0342
June	0.0348	0.0340	0.0343
July	0.0348	0.0336	0.0341
August	0.0358	0.0343	0.0351
September	0.0361	0.0343	0.0354
October	0.0359	0.0343	0.0351
November	0.0350	0.0327	0.0338
December	0.0329	0.0317	0.0324