YEARLY HIGH
1.0305 AED
YEARLY LOW
0.9584 AED
YEARLY AVERAGE
0.9926 AED

2024 ILS to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 1.0305. Conversely, the yearly low was recorded on August 6, dropping to 0.9584.

This high-to-low spread represents a total annual volatility of 0.0722 AED. From a start-to-finish perspective, comparing the January average rate of 0.9905 to the December average rate of 1.0138, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0305 was down 5.62% compared to the 2023 peak of 1.0919, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,153 AED
2023 Average 4,990 AED
Yearly Trough Low 4,792 AED
Transaction Impact: A difference of 360.75 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0176
0.9717
JanuMarcMayJulySeptNove

ILS to AED 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 0.9938, compared to 0.9915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.9938
H2 Avg (Jul–Dec) 0.9915

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0540 AED (High: 1.0124 / Low: 0.9584). On the other end, June was the most stable month, with a tight range of 0.0260 AED (High: 1.0013 / Low: 0.9753).

August Spread (Volatile) ±0.0540
June Spread (Stable) ±0.0260

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0339 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0138) against the same month in 2023 (average: 1.0024), the exchange rate shifted by +0.0113 (+1.13%).

2024 Avg (December) 1.0138
2023 Avg (December) 1.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0195 0.9675 0.9905
February 1.0283 0.9934 1.0080
March 1.0300 0.9942 1.0111
April 0.9986 0.9601 0.9771
May 1.0039 0.9779 0.9923
June 1.0013 0.9753 0.9839
July 1.0167 0.9737 1.0002
August 1.0124 0.9584 0.9872
September 1.0116 0.9705 0.9847
October 0.9923 0.9625 0.9755
November 1.0108 0.9779 0.9874
December 1.0305 0.9969 1.0138