2024 DZD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DZD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 319.6633. Conversely, the yearly low was recorded on February 4, dropping to 310.3030.
This high-to-low spread represents a total annual volatility of 9.3603 IRR. From a start-to-finish perspective, comparing the January average rate of 312.5689 to the December average rate of 314.1065, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 319.6633 was up 1.21% compared to the 2023 peak of 315.8398, 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 IRR 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 312.6362, compared to 315.0047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3685 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 4.9406 IRR (High: 316.0129 / Low: 311.0722). On the other end, January was the most stable month, with a tight range of 1.4480 IRR (High: 313.2700 / Low: 311.8220).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.9578 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 317.8199) against the same month in 2023 (average: 308.0254), the exchange rate shifted by +9.7945 (+3.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 313.2700 | 311.8220 | 312.5689 |
| February | 313.2616 | 310.3030 | 312.3531 |
| March | 313.4800 | 311.7590 | 312.4570 |
| April | 314.2033 | 311.1444 | 312.5863 |
| May | 314.1616 | 312.2681 | 312.9061 |
| June | 314.3870 | 312.0750 | 312.9459 |
| July | 314.3159 | 312.4397 | 313.2434 |
| August | 314.8831 | 312.3421 | 313.6957 |
| September | 319.6633 | 314.7467 | 317.8199 |
| October | 316.9933 | 314.7341 | 315.8621 |
| November | 317.0157 | 313.4495 | 315.3007 |
| December | 316.0129 | 311.0722 | 314.1065 |