YEARLY HIGH
0.1529 DZD
YEARLY LOW
0.1345 DZD
YEARLY AVERAGE
0.1422 DZD

2024 CLP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1529. Conversely, the yearly low was recorded on December 18, dropping to 0.1345.

This high-to-low spread represents a total annual volatility of 0.0183 DZD. From a start-to-finish perspective, comparing the January average rate of 0.1480 to the December average rate of 0.1365, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1529 was down 11.82% compared to the 2023 peak of 0.1734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 152,889 DZD
2023 Average 162,187 DZD
Yearly Trough Low 134,542 DZD
Transaction Impact: A difference of 18,347.51 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1492
0.1354
JanuMarcMayJulySeptNove

CLP 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 0.1432, compared to 0.1412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1432
H2 Avg (Jul–Dec) 0.1412

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0113 DZD (High: 0.1515 / Low: 0.1401). On the other end, December was the most stable month, with a tight range of 0.0030 DZD (High: 0.1375 / Low: 0.1345).

May Spread (Volatile) ±0.0113
December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0087 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1480) against the same month in 2023 (average: 0.1657), the exchange rate shifted by -0.0177 (-10.68%).

2024 Avg (January) 0.1480
2023 Avg (January) 0.1657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1529 0.1447 0.1480
February 0.1443 0.1359 0.1393
March 0.1427 0.1357 0.1391
April 0.1431 0.1371 0.1408
May 0.1515 0.1401 0.1468
June 0.1496 0.1409 0.1449
July 0.1483 0.1408 0.1438
August 0.1482 0.1410 0.1445
September 0.1469 0.1396 0.1431
October 0.1468 0.1384 0.1421
November 0.1397 0.1354 0.1373
December 0.1375 0.1345 0.1365