YEARLY HIGH
35.3502 MGA
YEARLY LOW
32.2753 MGA
YEARLY AVERAGE
33.8170 MGA

2024 DZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 35.3502. Conversely, the yearly low was recorded on April 3, dropping to 32.2753.

This high-to-low spread represents a total annual volatility of 3.0750 MGA. From a start-to-finish perspective, comparing the January average rate of 33.9254 to the December average rate of 34.9944, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.3502 was up 2.75% compared to the 2023 peak of 34.4038, 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 176,751 MGA
2023 Average 163,725 MGA
Yearly Trough Low 161,376 MGA
Transaction Impact: A difference of 15,374.82 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

35.2278
32.4269
JanuMarcMayJulySeptNove

DZD to MGA 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 33.2840, compared to 34.3500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0660 points.

H1 Avg (Jan–Jun) 33.2840
H2 Avg (Jul–Dec) 34.3500

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1896 MGA (High: 33.5735 / Low: 32.3839). On the other end, February was the most stable month, with a tight range of 0.3069 MGA (High: 33.9070 / Low: 33.6001).

March Spread (Volatile) ±1.1896
February Spread (Stable) ±0.3069

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5413 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 34.9944) against the same month in 2023 (average: 34.0664), the exchange rate shifted by +0.9280 (+2.72%).

2024 Avg (December) 34.9944
2023 Avg (December) 34.0664

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.3713 33.5324 33.9254
February 33.9070 33.6001 33.7314
March 33.5735 32.3839 33.2015
April 33.1865 32.2753 32.6603
May 33.1330 32.7409 32.9521
June 33.6295 32.9793 33.2336
July 33.9009 33.1720 33.5176
August 34.3259 33.5485 34.0202
September 34.4519 34.0099 34.2889
October 34.6464 34.1635 34.4407
November 35.2103 34.3465 34.8384
December 35.3502 34.3770 34.9944