2024 ILS to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 37.7984. Conversely, the yearly low was recorded on October 3, dropping to 34.9393.
This high-to-low spread represents a total annual volatility of 2.8592 DZD. From a start-to-finish perspective, comparing the January average rate of 36.2802 to the December average rate of 37.0668, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 37.7984 was down 6.44% compared to the 2023 peak of 40.3983, 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 DZD 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 36.4099, compared to 36.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3188 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 1.8990 DZD (High: 36.8386 / Low: 34.9397). On the other end, May was the most stable month, with a tight range of 0.8928 DZD (High: 36.7425 / Low: 35.8497).
Growth Streaks & Declines
TrendsBetween 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 1.2303 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 37.0422) against the same month in 2023 (average: 37.6520), the exchange rate shifted by -0.6097 (-1.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.3175 | 35.4845 | 36.2802 |
| February | 37.7063 | 36.3843 | 36.9366 |
| March | 37.7984 | 36.4583 | 37.0422 |
| April | 36.7357 | 35.0817 | 35.8119 |
| May | 36.7425 | 35.8497 | 36.3388 |
| June | 36.7390 | 35.7185 | 36.0495 |
| July | 37.1811 | 35.6426 | 36.6027 |
| August | 36.8673 | 35.1430 | 36.0679 |
| September | 36.8386 | 34.9397 | 35.5175 |
| October | 36.0280 | 34.9393 | 35.4009 |
| November | 36.7437 | 35.4237 | 35.8908 |
| December | 37.5445 | 36.6469 | 37.0668 |