2024 DZD to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DZD to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DZD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 122.6503. Conversely, the yearly low was recorded on September 26, dropping to 114.2550.
This high-to-low spread represents a total annual volatility of 8.3953 IDR. From a start-to-finish perspective, comparing the January average rate of 116.1179 to the December average rate of 119.6298, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 122.6503 was up 4.69% compared to the 2023 peak of 117.1569, 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 IDR 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 118.3326, compared to 118.2362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0964 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 6.1263 IDR (High: 120.8632 / Low: 114.7369). On the other end, February was the most stable month, with a tight range of 1.4081 IDR (High: 117.1095 / Low: 115.7014).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 3.4751 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 121.5921) against the same month in 2023 (average: 109.9716), the exchange rate shifted by +11.6205 (+10.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.5582 | 114.4747 | 116.1179 |
| February | 117.1095 | 115.7014 | 116.3796 |
| March | 118.0299 | 115.5015 | 116.8072 |
| April | 121.2047 | 117.9098 | 119.6719 |
| May | 120.9409 | 118.4040 | 119.4267 |
| June | 122.6503 | 120.2829 | 121.5921 |
| July | 121.9634 | 119.9664 | 120.8921 |
| August | 120.8632 | 114.7369 | 117.4169 |
| September | 116.9536 | 114.2550 | 115.7287 |
| October | 118.5238 | 115.0937 | 117.0938 |
| November | 119.7292 | 116.7712 | 118.6557 |
| December | 121.4970 | 118.8047 | 119.6298 |