2024 DZD to GHS Historical Review

YEARLY HIGH

0.1233 GHS

YEARLY LOW

0.0886 GHS

YEARLY AVERAGE

0.1080 GHS

2024 DZD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.1233. Conversely, the yearly low was recorded on January 9, dropping to 0.0886.

This high-to-low spread represents a total annual volatility of 0.0347 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0895 to the December average rate of 0.1101, the exchange rate registered a net change of 22.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1233 was up 30.73% compared to the 2023 peak of 0.0943, 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 616 GHS

2023 Average 430 GHS

Yearly Trough Low 443 GHS

Transaction Impact: A difference of 173.68 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1232

0.0865

JanuMarcMayJulySeptNove

DZD to GHS 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 0.0993, compared to 0.1167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 0.0993

H2 Avg (Jul–Dec) 0.1167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0085 GHS (High: 0.1101 / Low: 0.1017). On the other end, July was the most stable month, with a tight range of 0.0018 GHS (High: 0.1155 / Low: 0.1137).

May Spread (Volatile) ±0.0085

July Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0101 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1201) against the same month in 2023 (average: 0.0887), the exchange rate shifted by +0.0314 (+35.37%).

2024 Avg (November) 0.1201

2023 Avg (November) 0.0887

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0918	0.0886	0.0895
February	0.0939	0.0916	0.0926
March	0.0984	0.0939	0.0961
April	0.1015	0.0981	0.0999
May	0.1101	0.1017	0.1056
June	0.1134	0.1097	0.1118
July	0.1155	0.1137	0.1148
August	0.1173	0.1151	0.1163
September	0.1195	0.1169	0.1185
October	0.1223	0.1190	0.1201
November	0.1233	0.1149	0.1201
December	0.1152	0.1082	0.1101