2024 DZD to NOK Historical Review

YEARLY HIGH

0.0851 NOK

YEARLY LOW

0.0758 NOK

YEARLY AVERAGE

0.0802 NOK

2024 DZD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0851. Conversely, the yearly low was recorded on January 1, dropping to 0.0758.

This high-to-low spread represents a total annual volatility of 0.0094 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0773 to the December average rate of 0.0836, the exchange rate registered a net change of 8.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0851 was up 2.38% compared to the 2023 peak of 0.0832, 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 426 NOK

2023 Average 388 NOK

Yearly Trough Low 379 NOK

Transaction Impact: A difference of 46.87 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0843

0.0767

JanuMarcMayJulySeptNove

DZD to NOK 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 0.0791, compared to 0.0813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0791

H2 Avg (Jul–Dec) 0.0813

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0041 NOK (High: 0.0820 / Low: 0.0779). On the other end, February was the most stable month, with a tight range of 0.0019 NOK (High: 0.0792 / Low: 0.0774).

May Spread (Volatile) ±0.0041

February Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0836) against the same month in 2023 (average: 0.0782), the exchange rate shifted by +0.0054 (+6.97%).

2024 Avg (December) 0.0836

2023 Avg (December) 0.0782

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0784	0.0758	0.0773
February	0.0792	0.0774	0.0784
March	0.0806	0.0772	0.0789
April	0.0826	0.0793	0.0810
May	0.0820	0.0779	0.0799
June	0.0797	0.0775	0.0789
July	0.0821	0.0786	0.0803
August	0.0817	0.0780	0.0797
September	0.0818	0.0786	0.0801
October	0.0826	0.0796	0.0812
November	0.0835	0.0815	0.0828
December	0.0851	0.0826	0.0836