2024 DZD to BIF Historical Review

YEARLY HIGH

22.2349 BIF

YEARLY LOW

21.1350 BIF

YEARLY AVERAGE

21.5059 BIF

2024 DZD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 22.2349. Conversely, the yearly low was recorded on January 15, dropping to 21.1350.

This high-to-low spread represents a total annual volatility of 1.0999 BIF. From a start-to-finish perspective, comparing the January average rate of 21.2108 to the December average rate of 21.9488, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.2349 was up 4.29% compared to the 2023 peak of 21.3207, 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 111,175 BIF

2023 Average 93,751 BIF

Yearly Trough Low 105,675 BIF

Transaction Impact: A difference of 5,499.61 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.0226

21.1370

JanuMarcMayJulySeptNove

DZD to BIF 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 21.2868, compared to 21.7251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4384 points.

H1 Avg (Jan–Jun) 21.2868

H2 Avg (Jul–Dec) 21.7251

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6690 BIF (High: 22.2349 / Low: 21.5660). On the other end, July was the most stable month, with a tight range of 0.0942 BIF (High: 21.4681 / Low: 21.3739).

November Spread (Volatile) ±0.6690

July Spread (Stable) ±0.0942

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0502 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0502

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 21.8813) against the same month in 2023 (average: 21.1012), the exchange rate shifted by +0.7801 (+3.70%).

2024 Avg (November) 21.8813

2023 Avg (November) 21.1012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.2905	21.1350	21.2108
February	21.3633	21.1651	21.2481
March	21.3585	21.1394	21.2620
April	21.4159	21.1839	21.2897
May	21.3905	21.2457	21.3353
June	21.4922	21.2953	21.3746
July	21.4681	21.3739	21.4175
August	21.6274	21.3265	21.4646
September	21.9447	21.6099	21.8444
October	22.1198	21.6605	21.7943
November	22.2349	21.5660	21.8813
December	22.2052	21.6858	21.9488