2024 SVC to ILS Historical Review

YEARLY HIGH

0.4382 ILS

YEARLY LOW

0.4067 ILS

YEARLY AVERAGE

0.4231 ILS

2024 SVC to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.4382. Conversely, the yearly low was recorded on December 9, dropping to 0.4067.

This high-to-low spread represents a total annual volatility of 0.0315 ILS. From a start-to-finish perspective, comparing the January average rate of 0.4239 to the December average rate of 0.4142, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4382 was down 5.96% compared to the 2023 peak of 0.4660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,191 ILS

2023 Average 2,107 ILS

Yearly Trough Low 2,034 ILS

Transaction Impact: A difference of 157.61 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4316

0.4126

JanuMarcMayJulySeptNove

SVC 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 0.4226, compared to 0.4235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.4226

H2 Avg (Jul–Dec) 0.4235

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0242 ILS (High: 0.4382 / Low: 0.4140). On the other end, May was the most stable month, with a tight range of 0.0108 ILS (High: 0.4293 / Low: 0.4185).

August Spread (Volatile) ±0.0242

May Spread (Stable) ±0.0108

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 0.0109 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4257) against the same month in 2023 (average: 0.4280), the exchange rate shifted by -0.0023 (-0.53%).

2024 Avg (August) 0.4257

2023 Avg (August) 0.4280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4339	0.4106	0.4239
February	0.4223	0.4080	0.4164
March	0.4227	0.4077	0.4154
April	0.4374	0.4205	0.4298
May	0.4293	0.4185	0.4232
June	0.4306	0.4195	0.4266
July	0.4311	0.4129	0.4198
August	0.4382	0.4140	0.4257
September	0.4329	0.4143	0.4263
October	0.4344	0.4227	0.4301
November	0.4294	0.4150	0.4251
December	0.4208	0.4067	0.4142