YEARLY HIGH
0.0590 HKD
YEARLY LOW
0.0572 HKD
YEARLY AVERAGE
0.0582 HKD

2024 DZD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 0.0590. Conversely, the yearly low was recorded on December 30, dropping to 0.0572.

This high-to-low spread represents a total annual volatility of 0.0018 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0581 to the December average rate of 0.0579, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0590 was up 0.99% compared to the 2023 peak of 0.0584, 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 295 HKD
2023 Average 288 HKD
Yearly Trough Low 286 HKD
Transaction Impact: A difference of 8.93 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0589
0.0578
JanuMarcMayJulySeptNove

DZD to HKD 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 0.0581, compared to 0.0582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0581
H2 Avg (Jul–Dec) 0.0582

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0012 HKD (High: 0.0584 / Low: 0.0572). On the other end, May was the most stable month, with a tight range of 0.0002 HKD (High: 0.0582 / Low: 0.0579).

December Spread (Volatile) ±0.0012
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0588) against the same month in 2023 (average: 0.0571), the exchange rate shifted by +0.0017 (+3.03%).

2024 Avg (September) 0.0588
2023 Avg (September) 0.0571

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0582 0.0580 0.0581
February 0.0583 0.0577 0.0581
March 0.0583 0.0580 0.0581
April 0.0584 0.0579 0.0582
May 0.0582 0.0579 0.0581
June 0.0582 0.0579 0.0580
July 0.0583 0.0579 0.0581
August 0.0583 0.0579 0.0581
September 0.0590 0.0583 0.0588
October 0.0585 0.0581 0.0583
November 0.0586 0.0580 0.0583
December 0.0584 0.0572 0.0579