YEARLY HIGH
319.6633 IRR
YEARLY LOW
310.3030 IRR
YEARLY AVERAGE
313.8205 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DZD based on timing:

Yearly Peak High 1,598,317 IRR
2023 Average 1,552,990 IRR
Yearly Trough Low 1,551,515 IRR
Transaction Impact: A difference of 46,801.47 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

318.3665
311.8065
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 312.6362
H2 Avg (Jul–Dec) 315.0047

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±4.9406
January Spread (Stable) ±1.4480

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.9578

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 317.8199
2023 Avg (September) 308.0254

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