2024 SEK to ILS Historical Review

YEARLY HIGH

0.3726 ILS

YEARLY LOW

0.3221 ILS

YEARLY AVERAGE

0.3502 ILS

2024 SEK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.3726. Conversely, the yearly low was recorded on December 18, dropping to 0.3221.

This high-to-low spread represents a total annual volatility of 0.0505 ILS. From a start-to-finish perspective, comparing the January average rate of 0.3585 to the December average rate of 0.3296, the exchange rate registered a net change of -8.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3726 was up 0.64% compared to the 2023 peak of 0.3702, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,863 ILS

2023 Average 1,737 ILS

Yearly Trough Low 1,610 ILS

Transaction Impact: A difference of 252.47 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3685

0.3260

JanuMarcMayJulySeptNove

SEK 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 0.3505, compared to 0.3499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.3505

H2 Avg (Jul–Dec) 0.3499

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0243 ILS (High: 0.3540 / Low: 0.3297). On the other end, June was the most stable month, with a tight range of 0.0088 ILS (High: 0.3591 / Low: 0.3503).

November Spread (Volatile) ±0.0243

June Spread (Stable) ±0.0088

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 October and November, when the average rate fell by 0.0177 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3650) against the same month in 2023 (average: 0.3441), the exchange rate shifted by +0.0209 (+6.07%).

2024 Avg (September) 0.3650

2023 Avg (September) 0.3441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3659	0.3498	0.3585
February	0.3551	0.3443	0.3492
March	0.3576	0.3425	0.3485
April	0.3530	0.3389	0.3474
May	0.3532	0.3402	0.3444
June	0.3591	0.3503	0.3552
July	0.3590	0.3368	0.3455
August	0.3659	0.3496	0.3581
September	0.3726	0.3534	0.3650
October	0.3693	0.3466	0.3595
November	0.3540	0.3297	0.3418
December	0.3350	0.3221	0.3296