YEARLY HIGH
0.6366 INR
YEARLY LOW
0.6125 INR
YEARLY AVERAGE
0.6239 INR

2024 DZD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.6366. Conversely, the yearly low was recorded on February 4, dropping to 0.6125.

This high-to-low spread represents a total annual volatility of 0.0241 INR. From a start-to-finish perspective, comparing the January average rate of 0.6178 to the December average rate of 0.6330, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6366 was up 2.29% compared to the 2023 peak of 0.6223, 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 3,183 INR
2023 Average 3,037 INR
Yearly Trough Low 3,062 INR
Transaction Impact: A difference of 120.40 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6346
0.6148
JanuMarcMayJulySeptNove

DZD to INR 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 0.6186, compared to 0.6292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.6186
H2 Avg (Jul–Dec) 0.6292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0078 INR (High: 0.6222 / Low: 0.6144). On the other end, July was the most stable month, with a tight range of 0.0035 INR (High: 0.6237 / Low: 0.6202).

March Spread (Volatile) ±0.0078
July Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6330) against the same month in 2023 (average: 0.6188), the exchange rate shifted by +0.0141 (+2.28%).

2024 Avg (December) 0.6330
2023 Avg (December) 0.6188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6195 0.6152 0.6178
February 0.6187 0.6125 0.6165
March 0.6222 0.6144 0.6173
April 0.6215 0.6174 0.6198
May 0.6218 0.6178 0.6197
June 0.6220 0.6166 0.6204
July 0.6237 0.6202 0.6220
August 0.6273 0.6214 0.6251
September 0.6343 0.6270 0.6325
October 0.6327 0.6285 0.6305
November 0.6343 0.6288 0.6319
December 0.6366 0.6298 0.6330