YEARLY HIGH
0.0651 ILS
YEARLY LOW
0.0588 ILS
YEARLY AVERAGE
0.0623 ILS

2024 DOP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0651. Conversely, the yearly low was recorded on December 9, dropping to 0.0588.

This high-to-low spread represents a total annual volatility of 0.0063 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0633 to the December average rate of 0.0597, the exchange rate registered a net change of -5.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0651 was down 9.18% compared to the 2023 peak of 0.0717, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 325 ILS
2023 Average 329 ILS
Yearly Trough Low 294 ILS
Transaction Impact: A difference of 31.71 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0640
0.0593
JanuMarcMayJulySeptNove

DOP 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 0.0628, compared to 0.0617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0628
H2 Avg (Jul–Dec) 0.0617

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0037 ILS (High: 0.0645 / Low: 0.0607). On the other end, March was the most stable month, with a tight range of 0.0017 ILS (High: 0.0624 / Low: 0.0608).

August Spread (Volatile) ±0.0037
March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0019 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0636) against the same month in 2023 (average: 0.0665), the exchange rate shifted by -0.0028 (-4.26%).

2024 Avg (April) 0.0636
2023 Avg (April) 0.0665

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0647 0.0619 0.0633
February 0.0631 0.0608 0.0621
March 0.0624 0.0608 0.0616
April 0.0651 0.0621 0.0636
May 0.0645 0.0622 0.0633
June 0.0638 0.0620 0.0630
July 0.0638 0.0612 0.0621
August 0.0645 0.0607 0.0624
September 0.0631 0.0608 0.0622
October 0.0632 0.0613 0.0624
November 0.0624 0.0602 0.0616
December 0.0605 0.0588 0.0597