YEARLY HIGH
24.1405 MMK
YEARLY LOW
15.4469 MMK
YEARLY AVERAGE
15.8134 MMK

2024 DZD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 24.1405. Conversely, the yearly low was recorded on December 31, dropping to 15.4469.

This high-to-low spread represents a total annual volatility of 8.6936 MMK. From a start-to-finish perspective, comparing the January average rate of 15.6073 to the December average rate of 15.6221, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 24.1405 was up 53.43% compared to the 2023 peak of 15.7342, 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 120,702 MMK
2023 Average 77,212 MMK
Yearly Trough Low 77,234 MMK
Transaction Impact: A difference of 43,468.05 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.0687
15.4619
JanuMarcMayJulySeptNove

DZD to MMK 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 15.7133, compared to 15.9136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2003 points.

H1 Avg (Jan–Jun) 15.7133
H2 Avg (Jul–Dec) 15.9136

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 8.5723 MMK (High: 24.1405 / Low: 15.5682). On the other end, May was the most stable month, with a tight range of 0.0805 MMK (High: 15.6394 / Low: 15.5589).

July Spread (Volatile) ±8.5723
May Spread (Stable) ±0.0805

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.3017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 16.9348) against the same month in 2023 (average: 15.5185), the exchange rate shifted by +1.4163 (+9.13%).

2024 Avg (July) 16.9348
2023 Avg (July) 15.5185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.6645 15.5613 15.6073
February 15.6447 15.5404 15.6056
March 15.6669 15.5160 15.5989
April 15.6874 15.5376 15.5958
May 15.6394 15.5589 15.6068
June 18.4555 15.5493 16.2654
July 24.1405 15.5682 16.9348
August 15.6899 15.5679 15.6332
September 15.8822 15.6831 15.8362
October 15.8017 15.6853 15.7398
November 15.8009 15.6247 15.7152
December 15.7398 15.4469 15.6221