YEARLY HIGH
103.4178 DZD
YEARLY LOW
98.3510 DZD
YEARLY AVERAGE
100.3949 DZD

2024 BND to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 103.4178. Conversely, the yearly low was recorded on April 26, dropping to 98.3510.

This high-to-low spread represents a total annual volatility of 5.0668 DZD. From a start-to-finish perspective, comparing the January average rate of 100.7679 to the December average rate of 99.4818, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 103.4178 was down 0.24% compared to the 2023 peak of 103.6714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 517,089 DZD
2023 Average 506,296 DZD
Yearly Trough Low 491,755 DZD
Transaction Impact: A difference of 25,333.94 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

102.4850
98.9582
JanuMarcMayJulySeptNove

BND 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 99.9282, compared to 100.8616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9334 points.

H1 Avg (Jan–Jun) 99.9282
H2 Avg (Jul–Dec) 100.8616

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.6237 DZD (High: 103.4178 / Low: 100.7942). On the other end, June was the most stable month, with a tight range of 0.8918 DZD (High: 99.9673 / Low: 99.0754).

August Spread (Volatile) ±2.6237
June Spread (Stable) ±0.8918

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 1.8222 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 102.0070) against the same month in 2023 (average: 100.7811), the exchange rate shifted by +1.2259 (+1.22%).

2024 Avg (August) 102.0070
2023 Avg (August) 100.7811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 101.6121 100.1036 100.7679
February 100.8266 99.6240 100.0939
March 101.1658 99.6902 100.3728
April 100.1946 98.3510 99.2521
May 100.1323 98.6595 99.5477
June 99.9673 99.0754 99.5348
July 100.3320 98.9475 99.8436
August 103.4178 100.7942 102.0070
September 103.2546 101.2737 102.1911
October 103.2007 100.6115 101.7341
November 101.0454 99.0480 99.9119
December 100.2017 99.0434 99.4818