YEARLY HIGH
0.0214 GEL
YEARLY LOW
0.0196 GEL
YEARLY AVERAGE
0.0203 GEL

2024 DZD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0214. Conversely, the yearly low was recorded on February 19, dropping to 0.0196.

This high-to-low spread represents a total annual volatility of 0.0019 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0199 to the December average rate of 0.0210, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0214 was up 6.01% compared to the 2023 peak of 0.0202, 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 107 GEL
2023 Average 97 GEL
Yearly Trough Low 98 GEL
Transaction Impact: A difference of 9.34 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0211
0.0196
JanuMarcMayJulySeptNove

DZD to GEL 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 0.0201, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0201
H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0013 GEL (High: 0.0210 / Low: 0.0198). On the other end, February was the most stable month, with a tight range of 0.0002 GEL (High: 0.0198 / Low: 0.0196).

May Spread (Volatile) ±0.0013
February Spread (Stable) ±0.0002

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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0210) against the same month in 2023 (average: 0.0200), the exchange rate shifted by +0.0010 (+4.97%).

2024 Avg (December) 0.0210
2023 Avg (December) 0.0200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0200 0.0197 0.0199
February 0.0198 0.0196 0.0197
March 0.0202 0.0197 0.0199
April 0.0200 0.0197 0.0199
May 0.0210 0.0198 0.0202
June 0.0213 0.0206 0.0209
July 0.0208 0.0201 0.0203
August 0.0202 0.0199 0.0201
September 0.0207 0.0201 0.0204
October 0.0207 0.0203 0.0205
November 0.0211 0.0203 0.0205
December 0.0214 0.0207 0.0210