2024 DZD to LKR Historical Review

YEARLY HIGH

2.4160 LKR

YEARLY LOW

2.1532 LKR

YEARLY AVERAGE

2.2504 LKR

2024 DZD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.4160. Conversely, the yearly low was recorded on December 30, dropping to 2.1532.

This high-to-low spread represents a total annual volatility of 0.2627 LKR. From a start-to-finish perspective, comparing the January average rate of 2.3863 to the December average rate of 2.1720, the exchange rate registered a net change of -8.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4160 was down 11.12% compared to the 2023 peak of 2.7184, 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 12,080 LKR

2023 Average 12,080 LKR

Yearly Trough Low 10,766 LKR

Transaction Impact: A difference of 1,313.60 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4077

2.1506

JanuMarcMayJulySeptNove

DZD to LKR 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 2.2797, compared to 2.2210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0588 points.

H1 Avg (Jan–Jun) 2.2797

H2 Avg (Jul–Dec) 2.2210

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0751 LKR (High: 2.3096 / Low: 2.2346). On the other end, July was the most stable month, with a tight range of 0.0290 LKR (High: 2.2739 / Low: 2.2449).

September Spread (Volatile) ±0.0751

July Spread (Stable) ±0.0290

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0688 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.3863) against the same month in 2023 (average: 2.6813), the exchange rate shifted by -0.2950 (-11.00%).

2024 Avg (January) 2.3863

2023 Avg (January) 2.6813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4160	2.3417	2.3863
February	2.3386	2.3007	2.3206
March	2.3007	2.2278	2.2666
April	2.2441	2.2031	2.2214
May	2.2483	2.2023	2.2249
June	2.2758	2.2375	2.2588
July	2.2739	2.2449	2.2585
August	2.2500	2.2161	2.2353
September	2.3096	2.2346	2.2709
October	2.2209	2.1892	2.2022
November	2.2054	2.1670	2.1868
December	2.1988	2.1532	2.1720