YEARLY HIGH
0.0030 ILS
YEARLY LOW
0.0026 ILS
YEARLY AVERAGE
0.0028 ILS

2024 RWF to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0030. Conversely, the yearly low was recorded on December 9, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0004 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0026, the exchange rate registered a net change of -10.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0030 was down 11.36% compared to the 2023 peak of 0.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 ILS
2023 Average 16 ILS
Yearly Trough Low 13 ILS
Transaction Impact: A difference of 2.17 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0029
0.0026
JanuMarcMayJulySeptNove

RWF 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 0.0029, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0029
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0002 ILS (High: 0.0029 / Low: 0.0027). On the other end, June was the most stable month, with a tight range of 0.0001 ILS (High: 0.0029 / Low: 0.0028).

August Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0029) against the same month in 2023 (average: 0.0032), the exchange rate shifted by -0.0003 (-8.93%).

2024 Avg (January) 0.0029
2023 Avg (January) 0.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0030 0.0029 0.0029
February 0.0029 0.0028 0.0029
March 0.0029 0.0028 0.0028
April 0.0030 0.0029 0.0029
May 0.0029 0.0028 0.0029
June 0.0029 0.0028 0.0029
July 0.0029 0.0027 0.0028
August 0.0029 0.0027 0.0028
September 0.0028 0.0027 0.0028
October 0.0028 0.0027 0.0028
November 0.0028 0.0026 0.0027
December 0.0027 0.0026 0.0026