YEARLY HIGH
0.1163 MVR
YEARLY LOW
0.1076 MVR
YEARLY AVERAGE
0.1148 MVR

2024 DZD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1163. Conversely, the yearly low was recorded on May 2, dropping to 0.1076.

This high-to-low spread represents a total annual volatility of 0.0087 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1145 to the December average rate of 0.1147, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1163 was up 0.81% compared to the 2023 peak of 0.1153, 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 581 MVR
2023 Average 565 MVR
Yearly Trough Low 538 MVR
Transaction Impact: A difference of 43.55 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1161
0.1142
JanuMarcMayJulySeptNove

DZD to MVR 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 0.1146, compared to 0.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1146
H2 Avg (Jul–Dec) 0.1151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0076 MVR (High: 0.1152 / Low: 0.1076). On the other end, January was the most stable month, with a tight range of 0.0004 MVR (High: 0.1147 / Low: 0.1143).

May Spread (Volatile) ±0.0076
January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and September, 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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1159) against the same month in 2023 (average: 0.1124), the exchange rate shifted by +0.0035 (+3.13%).

2024 Avg (September) 0.1159
2023 Avg (September) 0.1124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1147 0.1143 0.1145
February 0.1148 0.1136 0.1144
March 0.1157 0.1142 0.1147
April 0.1152 0.1144 0.1148
May 0.1152 0.1076 0.1147
June 0.1150 0.1133 0.1144
July 0.1152 0.1139 0.1145
August 0.1153 0.1139 0.1146
September 0.1163 0.1148 0.1159
October 0.1157 0.1148 0.1152
November 0.1161 0.1151 0.1156
December 0.1160 0.1134 0.1147