2024 SCR to ILS Historical Review

YEARLY HIGH

0.2931 ILS

YEARLY LOW

0.2378 ILS

YEARLY AVERAGE

0.2709 ILS

2024 SCR to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2931. Conversely, the yearly low was recorded on December 16, dropping to 0.2378.

This high-to-low spread represents a total annual volatility of 0.0553 ILS. From a start-to-finish perspective, comparing the January average rate of 0.2772 to the December average rate of 0.2569, the exchange rate registered a net change of -7.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2931 was down 8.42% compared to the 2023 peak of 0.3200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,465 ILS

2023 Average 1,373 ILS

Yearly Trough Low 1,189 ILS

Transaction Impact: A difference of 276.32 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2795

0.2548

JanuMarcMayJulySeptNove

SCR 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 0.2722, compared to 0.2695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.2722

H2 Avg (Jul–Dec) 0.2695

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0400 ILS (High: 0.2899 / Low: 0.2500). On the other end, May was the most stable month, with a tight range of 0.0106 ILS (High: 0.2766 / Low: 0.2660).

October Spread (Volatile) ±0.0400

May Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between July and September, 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 0.0138 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2775) against the same month in 2023 (average: 0.2905), the exchange rate shifted by -0.0130 (-4.49%).

2024 Avg (September) 0.2775

2023 Avg (September) 0.2905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2907	0.2634	0.2772
February	0.2786	0.2609	0.2708
March	0.2755	0.2570	0.2673
April	0.2826	0.2617	0.2766
May	0.2766	0.2660	0.2711
June	0.2758	0.2560	0.2703
July	0.2792	0.2582	0.2663
August	0.2893	0.2530	0.2712
September	0.2931	0.2666	0.2775
October	0.2899	0.2500	0.2748
November	0.2799	0.2546	0.2706
December	0.2744	0.2378	0.2569