2024 SAR to ILS Historical Review

YEARLY HIGH

1.0207 ILS

YEARLY LOW

0.9488 ILS

YEARLY AVERAGE

0.9864 ILS

2024 SAR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1.0207. Conversely, the yearly low was recorded on December 9, dropping to 0.9488.

This high-to-low spread represents a total annual volatility of 0.0719 ILS. From a start-to-finish perspective, comparing the January average rate of 0.9889 to the December average rate of 0.9645, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0207 was down 6.11% compared to the 2023 peak of 1.0871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,104 ILS

2023 Average 4,913 ILS

Yearly Trough Low 4,744 ILS

Transaction Impact: A difference of 359.73 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0065

0.9607

JanuMarcMayJulySeptNove

SAR 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 0.9856, compared to 0.9872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.9856

H2 Avg (Jul–Dec) 0.9872

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0540 ILS (High: 1.0207 / Low: 0.9668). On the other end, June was the most stable month, with a tight range of 0.0259 ILS (High: 1.0039 / Low: 0.9780).

August Spread (Volatile) ±0.0540

June Spread (Stable) ±0.0259

Growth Streaks & Declines

Trends

Between July and October, 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 0.0260 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.9918) against the same month in 2023 (average: 0.9983), the exchange rate shifted by -0.0065 (-0.65%).

2024 Avg (August) 0.9918

2023 Avg (August) 0.9983

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0123	0.9607	0.9889
February	0.9859	0.9525	0.9717
March	0.9849	0.9509	0.9687
April	1.0204	0.9804	1.0022
May	1.0014	0.9755	0.9870
June	1.0039	0.9780	0.9952
July	1.0055	0.9632	0.9791
August	1.0207	0.9668	0.9918
September	1.0087	0.9681	0.9942
October	1.0161	0.9856	1.0027
November	1.0001	0.9672	0.9906
December	0.9811	0.9488	0.9645