YEARLY HIGH
19.0257 DZD
YEARLY LOW
18.3562 DZD
YEARLY AVERAGE
18.6886 DZD

2024 CNY to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 19.0257. Conversely, the yearly low was recorded on December 7, dropping to 18.3562.

This high-to-low spread represents a total annual volatility of 0.6696 DZD. From a start-to-finish perspective, comparing the January average rate of 18.9194 to the December average rate of 18.4441, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.0257 was down 6.54% compared to the 2023 peak of 20.3572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 475,643 DZD
2023 Average 480,704 DZD
Yearly Trough Low 458,904 DZD
Transaction Impact: A difference of 16,739.60 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.9669
18.3966
JanuMarcMayJulySeptNove

CNY 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 18.7433, compared to 18.6340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1093 points.

H1 Avg (Jan–Jun) 18.7433
H2 Avg (Jul–Dec) 18.6340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.4670 DZD (High: 18.9883 / Low: 18.5213). On the other end, March was the most stable month, with a tight range of 0.2132 DZD (High: 18.8442 / Low: 18.6310).

April Spread (Volatile) ±0.4670
March Spread (Stable) ±0.2132

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2742 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 18.8039) against the same month in 2023 (average: 19.9411), the exchange rate shifted by -1.1372 (-5.70%).

2024 Avg (February) 18.8039
2023 Avg (February) 19.9411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.9925 18.6713 18.9194
February 19.0257 18.6651 18.8039
March 18.8442 18.6310 18.6960
April 18.9883 18.5213 18.6207
May 19.0134 18.5622 18.7706
June 18.9672 18.5016 18.6490
July 18.8036 18.4489 18.5229
August 18.9087 18.6041 18.7799
September 18.8956 18.6101 18.7274
October 19.0007 18.6940 18.8018
November 18.7381 18.4049 18.5276
December 18.6109 18.3562 18.4441