2024 DZD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DZD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DZD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 65.4195. Conversely, the yearly low was recorded on March 23, dropping to 63.5011.
This high-to-low spread represents a total annual volatility of 1.9184 GNF. From a start-to-finish perspective, comparing the January average rate of 63.8911 to the December average rate of 64.2652, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 65.4195 was up 0.84% compared to the 2023 peak of 64.8735, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DZD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 63.8878, compared to 64.5285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6407 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1.1439 GNF (High: 64.7761 / Low: 63.6322). On the other end, May was the most stable month, with a tight range of 0.3417 GNF (High: 64.0086 / Low: 63.6669).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4186 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 65.2211) against the same month in 2023 (average: 62.7292), the exchange rate shifted by +2.4919 (+3.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.1367 | 63.6929 | 63.8911 |
| February | 64.3629 | 63.7594 | 63.9160 |
| March | 64.1259 | 63.5011 | 63.8665 |
| April | 64.0936 | 63.6065 | 63.8278 |
| May | 64.0086 | 63.6669 | 63.8850 |
| June | 64.3451 | 63.7840 | 63.9403 |
| July | 64.2826 | 63.7791 | 64.0477 |
| August | 64.6199 | 63.8116 | 64.2138 |
| September | 65.4195 | 64.5419 | 65.2211 |
| October | 65.3382 | 64.4854 | 64.8025 |
| November | 65.0099 | 64.1779 | 64.6203 |
| December | 64.7761 | 63.6322 | 64.2652 |