YEARLY HIGH
0.0358 DZD
YEARLY LOW
0.0296 DZD
YEARLY AVERAGE
0.0330 DZD

2024 COP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.0358. Conversely, the yearly low was recorded on November 17, dropping to 0.0296.

This high-to-low spread represents a total annual volatility of 0.0062 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0343 to the December average rate of 0.0306, the exchange rate registered a net change of -10.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0358 was up 1.94% compared to the 2023 peak of 0.0351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000,000 COP based on timing:

Yearly Peak High 179,059 DZD
2023 Average 158,040 DZD
Yearly Trough Low 147,872 DZD
Transaction Impact: A difference of 31,187.29 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0353
0.0299
JanuMarcMayJulySeptNove

COP 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 0.0343, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0343
H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0028 DZD (High: 0.0350 / Low: 0.0322). On the other end, February was the most stable month, with a tight range of 0.0007 DZD (High: 0.0347 / Low: 0.0339).

June Spread (Volatile) ±0.0028
February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0348) against the same month in 2023 (average: 0.0299), the exchange rate shifted by +0.0050 (+16.57%).

2024 Avg (April) 0.0348
2023 Avg (April) 0.0299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0347 0.0339 0.0343
February 0.0347 0.0339 0.0343
March 0.0349 0.0341 0.0345
April 0.0358 0.0338 0.0348
May 0.0354 0.0344 0.0348
June 0.0350 0.0322 0.0332
July 0.0340 0.0325 0.0333
August 0.0335 0.0324 0.0331
September 0.0323 0.0309 0.0317
October 0.0321 0.0302 0.0313
November 0.0308 0.0296 0.0303
December 0.0311 0.0300 0.0306