2024 BOB to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BOB to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BOB to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 19.6535. Conversely, the yearly low was recorded on September 16, dropping to 19.0590.
This high-to-low spread represents a total annual volatility of 0.5945 DZD. From a start-to-finish perspective, comparing the January average rate of 19.4716 to the December average rate of 19.4360, 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 19.6535 was down 1.74% compared to the 2023 peak of 20.0020, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BOB 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 19.4673, compared to 19.3415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1258 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.3918 DZD (High: 19.6535 / Low: 19.2617). On the other end, July was the most stable month, with a tight range of 0.0910 DZD (High: 19.5126 / Low: 19.4216).
Growth Streaks & Declines
TrendsBetween 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 0.2719 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 19.4360) against the same month in 2023 (average: 19.4450), the exchange rate shifted by -0.0090 (-0.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.5293 | 19.4011 | 19.4716 |
| February | 19.5555 | 19.3886 | 19.4703 |
| March | 19.5866 | 19.3756 | 19.4735 |
| April | 19.5261 | 19.3027 | 19.4483 |
| May | 19.5274 | 19.4181 | 19.4676 |
| June | 19.5337 | 19.3357 | 19.4723 |
| July | 19.5126 | 19.4216 | 19.4564 |
| August | 19.5834 | 19.3268 | 19.4351 |
| September | 19.3602 | 19.0590 | 19.1632 |
| October | 19.3595 | 19.1568 | 19.2642 |
| November | 19.4370 | 19.1697 | 19.2942 |
| December | 19.6535 | 19.2617 | 19.4360 |