YEARLY HIGH
0.0539 DKK
YEARLY LOW
0.0497 DKK
YEARLY AVERAGE
0.0514 DKK

2024 DZD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0539. Conversely, the yearly low was recorded on August 24, dropping to 0.0497.

This high-to-low spread represents a total annual volatility of 0.0042 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0508 to the December average rate of 0.0530, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0539 was up 3.76% compared to the 2023 peak of 0.0519, 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 269 DKK
2023 Average 253 DKK
Yearly Trough Low 248 DKK
Transaction Impact: A difference of 21.12 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0533
0.0502
JanuMarcMayJulySeptNove

DZD to DKK 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 0.0513, compared to 0.0515 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) 0.0513
H2 Avg (Jul–Dec) 0.0515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0021 DKK (High: 0.0534 / Low: 0.0513). On the other end, September was the most stable month, with a tight range of 0.0007 DKK (High: 0.0511 / Low: 0.0504).

November Spread (Volatile) ±0.0021
September Spread (Stable) ±0.0007

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 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0530) against the same month in 2023 (average: 0.0508), the exchange rate shifted by +0.0023 (+4.48%).

2024 Avg (December) 0.0530
2023 Avg (December) 0.0508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0512 0.0502 0.0508
February 0.0516 0.0508 0.0513
March 0.0514 0.0506 0.0510
April 0.0521 0.0510 0.0517
May 0.0517 0.0510 0.0513
June 0.0519 0.0507 0.0515
July 0.0516 0.0507 0.0512
August 0.0513 0.0497 0.0504
September 0.0511 0.0504 0.0507
October 0.0518 0.0508 0.0514
November 0.0534 0.0513 0.0526
December 0.0539 0.0528 0.0530