2024 SRD to ILS Historical Review

YEARLY HIGH

0.1335 ILS

YEARLY LOW

0.0980 ILS

YEARLY AVERAGE

0.1125 ILS

2024 SRD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.1335. Conversely, the yearly low was recorded on January 1, dropping to 0.0980.

This high-to-low spread represents a total annual volatility of 0.0354 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1011 to the December average rate of 0.1029, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1335 was up 18.75% compared to the 2023 peak of 0.1124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 667 ILS

2023 Average 504 ILS

Yearly Trough Low 490 ILS

Transaction Impact: A difference of 177.12 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1321

0.0980

JanuMarcMayJulySeptNove

SRD 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 0.1077, compared to 0.1172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.1077

H2 Avg (Jul–Dec) 0.1172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0162 ILS (High: 0.1239 / Low: 0.1077). On the other end, February was the most stable month, with a tight range of 0.0038 ILS (High: 0.1031 / Low: 0.0992).

October Spread (Volatile) ±0.0162

February Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0102 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1292) against the same month in 2023 (average: 0.0978), the exchange rate shifted by +0.0314 (+32.08%).

2024 Avg (August) 0.1292

2023 Avg (August) 0.0978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1033	0.0980	0.1011
February	0.1031	0.0992	0.1008
March	0.1055	0.1008	0.1031
April	0.1126	0.1048	0.1086
May	0.1157	0.1103	0.1135
June	0.1227	0.1138	0.1191
July	0.1298	0.1212	0.1237
August	0.1335	0.1255	0.1292
September	0.1298	0.1205	0.1256
October	0.1239	0.1077	0.1159
November	0.1092	0.1026	0.1057
December	0.1050	0.1008	0.1029