2024 BWP to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 10.1789. Conversely, the yearly low was recorded on May 1, dropping to 9.4799.
This high-to-low spread represents a total annual volatility of 0.6990 DZD. From a start-to-finish perspective, comparing the January average rate of 9.9062 to the December average rate of 9.7920, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 10.1789 was down 5.77% compared to the 2023 peak of 10.8024, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP 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 9.8545, compared to 9.9327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0782 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.4876 DZD (High: 9.9676 / Low: 9.4799). On the other end, March was the most stable month, with a tight range of 0.1485 DZD (High: 9.9313 / Low: 9.7828).
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 0.1528 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 10.0127) against the same month in 2023 (average: 9.9971), the exchange rate shifted by +0.0156 (+0.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0767 | 9.7948 | 9.9062 |
| February | 9.9322 | 9.7463 | 9.8185 |
| March | 9.9313 | 9.7828 | 9.8489 |
| April | 9.9262 | 9.4821 | 9.7889 |
| May | 9.9676 | 9.4799 | 9.8890 |
| June | 9.9897 | 9.7202 | 9.8754 |
| July | 9.9877 | 9.8148 | 9.9215 |
| August | 10.1301 | 9.8965 | 10.0053 |
| September | 10.1603 | 9.8769 | 10.0048 |
| October | 10.1789 | 9.9349 | 10.0127 |
| November | 10.0525 | 9.7130 | 9.8599 |
| December | 9.9136 | 9.7237 | 9.7920 |