YEARLY HIGH
0.5594 AFN
YEARLY LOW
0.4867 AFN
YEARLY AVERAGE
0.5257 AFN

2024 DZD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5594. Conversely, the yearly low was recorded on October 17, dropping to 0.4867.

This high-to-low spread represents a total annual volatility of 0.0727 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5318 to the December average rate of 0.5169, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5594 was down 17.14% compared to the 2023 peak of 0.6752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,797 AFN
2023 Average 3,042 AFN
Yearly Trough Low 2,433 AFN
Transaction Impact: A difference of 363.70 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5477
0.4993
JanuMarcMayJulySeptNove

DZD to AFN 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 0.5337, compared to 0.5176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.5337
H2 Avg (Jul–Dec) 0.5176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0321 AFN (High: 0.5518 / Low: 0.5196). On the other end, July was the most stable month, with a tight range of 0.0096 AFN (High: 0.5300 / Low: 0.5204).

January Spread (Volatile) ±0.0321
July Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0213 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5436) against the same month in 2023 (average: 0.6570), the exchange rate shifted by -0.1133 (-17.25%).

2024 Avg (February) 0.5436
2023 Avg (February) 0.6570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5518 0.5196 0.5318
February 0.5594 0.5364 0.5436
March 0.5433 0.5267 0.5365
April 0.5388 0.5277 0.5333
May 0.5383 0.5245 0.5328
June 0.5340 0.5178 0.5241
July 0.5300 0.5204 0.5265
August 0.5310 0.5199 0.5276
September 0.5362 0.5148 0.5247
October 0.5174 0.4867 0.5033
November 0.5125 0.5017 0.5070
December 0.5244 0.5052 0.5169