YEARLY HIGH
0.0357 MYR
YEARLY LOW
0.0312 MYR
YEARLY AVERAGE
0.0341 MYR

2024 DZD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0357. Conversely, the yearly low was recorded on September 30, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0045 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0348 to the December average rate of 0.0332, the exchange rate registered a net change of -4.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0357 was up 1.17% compared to the 2023 peak of 0.0353, 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 178 MYR
2023 Average 168 MYR
Yearly Trough Low 156 MYR
Transaction Impact: A difference of 22.55 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0357
0.0318
JanuMarcMayJulySeptNove

DZD to MYR 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 0.0351, compared to 0.0331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0351
H2 Avg (Jul–Dec) 0.0331

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0018 MYR (High: 0.0329 / Low: 0.0312). On the other end, June was the most stable month, with a tight range of 0.0002 MYR (High: 0.0351 / Low: 0.0349).

September Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0354) against the same month in 2023 (average: 0.0320), the exchange rate shifted by +0.0034 (+10.71%).

2024 Avg (February) 0.0354
2023 Avg (February) 0.0320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0352 0.0342 0.0348
February 0.0357 0.0348 0.0354
March 0.0354 0.0348 0.0351
April 0.0356 0.0350 0.0354
May 0.0354 0.0348 0.0351
June 0.0351 0.0349 0.0350
July 0.0352 0.0341 0.0348
August 0.0339 0.0322 0.0329
September 0.0329 0.0312 0.0322
October 0.0329 0.0314 0.0322
November 0.0336 0.0326 0.0332
December 0.0335 0.0329 0.0332