2024 ILS to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 17.0204. Conversely, the yearly low was recorded on April 28, dropping to 15.3623.
This high-to-low spread represents a total annual volatility of 1.6581 DOP. From a start-to-finish perspective, comparing the January average rate of 15.8027 to the December average rate of 16.7520, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 17.0204 was up 1.08% compared to the 2023 peak of 16.8382, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ILS to DOP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.9242, compared to 16.2022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2779 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.9567 DOP (High: 16.4696 / Low: 15.5129). On the other end, March was the most stable month, with a tight range of 0.4405 DOP (High: 16.4606 / Low: 16.0201).
Growth Streaks & Declines
TrendsBetween April and July, 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 March and April, when the average rate fell by 0.5243 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 16.7520) against the same month in 2023 (average: 15.6500), the exchange rate shifted by +1.1020 (+7.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1580 | 15.4506 | 15.8027 |
| February | 16.4410 | 15.8594 | 16.1089 |
| March | 16.4606 | 16.0201 | 16.2446 |
| April | 16.1105 | 15.3623 | 15.7203 |
| May | 16.0810 | 15.4963 | 15.7964 |
| June | 16.1351 | 15.6657 | 15.8726 |
| July | 16.3363 | 15.6622 | 16.1072 |
| August | 16.4696 | 15.5129 | 16.0198 |
| September | 16.4480 | 15.8463 | 16.0873 |
| October | 16.3004 | 15.8169 | 16.0233 |
| November | 16.6213 | 16.0164 | 16.2234 |
| December | 17.0204 | 16.5172 | 16.7520 |