2024 DZD to CVE Historical Review

YEARLY HIGH

0.7891 CVE

YEARLY LOW

0.7339 CVE

YEARLY AVERAGE

0.7605 CVE

2024 DZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.7891. Conversely, the yearly low was recorded on August 25, dropping to 0.7339.

This high-to-low spread represents a total annual volatility of 0.0552 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7518 to the December average rate of 0.7836, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7891 was up 1.84% compared to the 2023 peak of 0.7748, 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 3,945 CVE

2023 Average 3,755 CVE

Yearly Trough Low 3,669 CVE

Transaction Impact: A difference of 275.95 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7872

0.7440

JanuMarcMayJulySeptNove

DZD to CVE 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 0.7586, compared to 0.7625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.7586

H2 Avg (Jul–Dec) 0.7625

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0307 CVE (High: 0.7646 / Low: 0.7339). On the other end, September was the most stable month, with a tight range of 0.0107 CVE (High: 0.7555 / Low: 0.7448).

August Spread (Volatile) ±0.0307

September Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0090 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.7772) against the same month in 2023 (average: 0.7598), the exchange rate shifted by +0.0175 (+2.30%).

2024 Avg (November) 0.7772

2023 Avg (November) 0.7598

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7571	0.7425	0.7518
February	0.7658	0.7545	0.7599
March	0.7607	0.7487	0.7548
April	0.7718	0.7541	0.7632
May	0.7699	0.7516	0.7595
June	0.7700	0.7534	0.7622
July	0.7660	0.7498	0.7566
August	0.7646	0.7339	0.7476
September	0.7555	0.7448	0.7502
October	0.7667	0.7493	0.7600
November	0.7891	0.7589	0.7772
December	0.7877	0.7769	0.7836