YEARLY HIGH
360.2323 DZD
YEARLY LOW
350.5745 DZD
YEARLY AVERAGE
355.9260 DZD

2024 BHD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 360.2323. Conversely, the yearly low was recorded on September 20, dropping to 350.5745.

This high-to-low spread represents a total annual volatility of 9.6578 DZD. From a start-to-finish perspective, comparing the January average rate of 356.9171 to the December average rate of 356.2755, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 360.2323 was down 1.61% compared to the 2023 peak of 366.1321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,801,162 DZD
2023 Average 1,803,661 DZD
Yearly Trough Low 1,752,872 DZD
Transaction Impact: A difference of 48,289.06 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

357.6593
351.0873
JanuMarcMayJulySeptNove

BHD to DZD 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 357.0466, compared to 354.8053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2413 points.

H1 Avg (Jan–Jun) 357.0466
H2 Avg (Jul–Dec) 354.8053

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 6.7038 DZD (High: 360.2323 / Low: 353.5285). On the other end, July was the most stable month, with a tight range of 1.5481 DZD (High: 357.5129 / Low: 355.9649).

December Spread (Volatile) ±6.7038
July Spread (Stable) ±1.5481

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 4.6824 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.6824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 356.2755) against the same month in 2023 (average: 356.7488), the exchange rate shifted by -0.4733 (-0.13%).

2024 Avg (December) 356.2755
2023 Avg (December) 356.7488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 357.6972 355.7644 356.9171
February 358.4119 356.0186 357.0976
March 357.7434 355.8467 357.0953
April 357.8416 355.8356 357.0596
May 357.8879 356.1407 356.9986
June 358.0082 354.9457 357.1116
July 357.5129 355.9649 356.6937
August 358.2651 354.9656 356.3174
September 355.2634 350.5745 351.6350
October 354.8200 352.2589 353.6650
November 356.3618 352.4919 354.2456
December 360.2323 353.5285 356.2755