2024 DZD to ETB Historical Review

YEARLY HIGH

0.9510 ETB

YEARLY LOW

0.4163 ETB

YEARLY AVERAGE

0.6145 ETB

2024 DZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.9510. Conversely, the yearly low was recorded on January 7, dropping to 0.4163.

This high-to-low spread represents a total annual volatility of 0.5347 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4194 to the December average rate of 0.9430, the exchange rate registered a net change of 124.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9510 was up 126.18% compared to the 2023 peak of 0.4205, 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 4,755 ETB

2023 Average 2,014 ETB

Yearly Trough Low 2,081 ETB

Transaction Impact: A difference of 2,673.59 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9953

0.3671

JanuMarcMayJulySeptNove

DZD to ETB 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 0.4230, compared to 0.8061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3830 points.

H1 Avg (Jan–Jun) 0.4230

H2 Avg (Jul–Dec) 0.8061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2574 ETB (High: 0.8422 / Low: 0.5848). On the other end, May was the most stable month, with a tight range of 0.0046 ETB (High: 0.4278 / Low: 0.4232).

August Spread (Volatile) ±0.2574

May Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9430) against the same month in 2023 (average: 0.4175), the exchange rate shifted by +0.5255 (+125.87%).

2024 Avg (December) 0.9430

2023 Avg (December) 0.4175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4214	0.4163	0.4194
February	0.4221	0.4170	0.4207
March	0.4238	0.4181	0.4216
April	0.4279	0.4201	0.4228
May	0.4278	0.4232	0.4262
June	0.4297	0.4236	0.4273
July	0.5604	0.4258	0.4334
August	0.8422	0.5848	0.7669
September	0.9068	0.8258	0.8717
October	0.9165	0.8874	0.9031
November	0.9471	0.9003	0.9184
December	0.9510	0.9209	0.9430