2024 BGN to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BGN to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BGN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 76.8699. Conversely, the yearly low was recorded on December 18, dropping to 71.0886.
This high-to-low spread represents a total annual volatility of 5.7813 DZD. From a start-to-finish perspective, comparing the January average rate of 75.0325 to the December average rate of 71.9176, the exchange rate registered a net change of -4.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 76.8699 was down 0.58% compared to the 2023 peak of 77.3218, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BGN 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 74.3847, compared to 74.0314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3533 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 2.8260 DZD (High: 74.3158 / Low: 71.4898). On the other end, September was the most stable month, with a tight range of 1.0063 DZD (High: 75.7050 / Low: 74.6988).
Growth Streaks & Declines
TrendsBetween June and August, 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 October and November, when the average rate fell by 1.7198 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 75.6391) against the same month in 2023 (average: 75.9123), the exchange rate shifted by -0.2732 (-0.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.8851 | 74.5527 | 75.0325 |
| February | 74.9957 | 73.8783 | 74.2743 |
| March | 75.3737 | 74.2937 | 74.7830 |
| April | 74.7583 | 73.2113 | 73.8025 |
| May | 74.8496 | 73.4588 | 74.3625 |
| June | 75.0751 | 73.4565 | 74.0533 |
| July | 75.1063 | 73.8564 | 74.5820 |
| August | 76.8699 | 74.3436 | 75.6391 |
| September | 75.7050 | 74.6988 | 75.2474 |
| October | 75.1430 | 73.5390 | 74.2610 |
| November | 74.3158 | 71.4898 | 72.5413 |
| December | 72.2777 | 71.0886 | 71.9176 |