2024 AED to ILS Historical Review

YEARLY HIGH

1.0434 ILS

YEARLY LOW

0.9704 ILS

YEARLY AVERAGE

1.0077 ILS

2024 AED to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1.0434. Conversely, the yearly low was recorded on December 9, dropping to 0.9704.

This high-to-low spread represents a total annual volatility of 0.0731 ILS. From a start-to-finish perspective, comparing the January average rate of 1.0097 to the December average rate of 0.9865, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0434 was down 6.02% compared to the 2023 peak of 1.1103, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,217 ILS

2023 Average 5,018 ILS

Yearly Trough Low 4,852 ILS

Transaction Impact: A difference of 365.26 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0291

0.9826

JanuMarcMayJulySeptNove

AED 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 1.0065, compared to 1.0089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 1.0065

H2 Avg (Jul–Dec) 1.0089

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0557 ILS (High: 1.0434 / Low: 0.9877). On the other end, May was the most stable month, with a tight range of 0.0265 ILS (High: 1.0226 / Low: 0.9961).

August Spread (Volatile) ±0.0557

May Spread (Stable) ±0.0265

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 0.0263 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.0132) against the same month in 2023 (average: 1.0195), the exchange rate shifted by -0.0063 (-0.62%).

2024 Avg (August) 1.0132

2023 Avg (August) 1.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0336	0.9809	1.0097
February	1.0066	0.9725	0.9921
March	1.0058	0.9709	0.9892
April	1.0415	1.0014	1.0235
May	1.0226	0.9961	1.0079
June	1.0253	0.9987	1.0164
July	1.0270	0.9836	1.0000
August	1.0434	0.9877	1.0132
September	1.0304	0.9885	1.0157
October	1.0389	1.0078	1.0252
November	1.0226	0.9894	1.0128
December	1.0031	0.9704	0.9865