YEARLY HIGH
0.0525 BOB
YEARLY LOW
0.0509 BOB
YEARLY AVERAGE
0.0515 BOB

2024 DZD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.0525. Conversely, the yearly low was recorded on December 31, dropping to 0.0509.

This high-to-low spread represents a total annual volatility of 0.0016 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0515, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0525 was up 1.34% compared to the 2023 peak of 0.0518, 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 262 BOB
2023 Average 254 BOB
Yearly Trough Low 254 BOB
Transaction Impact: A difference of 7.94 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0523
0.0513
JanuMarcMayJulySeptNove

DZD to BOB 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 0.0514, compared to 0.0517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0514
H2 Avg (Jul–Dec) 0.0517

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0010 BOB (High: 0.0519 / Low: 0.0509). On the other end, July was the most stable month, with a tight range of 0.0002 BOB (High: 0.0515 / Low: 0.0512).

December Spread (Volatile) ±0.0010
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0522) against the same month in 2023 (average: 0.0504), the exchange rate shifted by +0.0018 (+3.62%).

2024 Avg (September) 0.0522
2023 Avg (September) 0.0504

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0515 0.0512 0.0514
February 0.0516 0.0511 0.0514
March 0.0516 0.0511 0.0514
April 0.0518 0.0512 0.0514
May 0.0515 0.0512 0.0514
June 0.0517 0.0512 0.0514
July 0.0515 0.0512 0.0514
August 0.0517 0.0511 0.0515
September 0.0525 0.0517 0.0522
October 0.0522 0.0517 0.0519
November 0.0522 0.0514 0.0518
December 0.0519 0.0509 0.0515