2024 CNY to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |