2024 DZD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DZD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DZD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 96.4400. Conversely, the yearly low was recorded on February 4, dropping to 18.5409.
This high-to-low spread represents a total annual volatility of 77.8991 SYP. From a start-to-finish perspective, comparing the January average rate of 18.6768 to the December average rate of 46.2271, the exchange rate registered a net change of 147.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 96.4400 was up 413.61% compared to the 2023 peak of 18.7769, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DZD to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.6725, compared to 23.3795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7070 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 77.8102 SYP (High: 96.4400 / Low: 18.6298). On the other end, June was the most stable month, with a tight range of 0.0769 SYP (High: 18.7071 / Low: 18.6302).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.1155 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 46.2271) against the same month in 2023 (average: 18.6784), the exchange rate shifted by +27.5488 (+147.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.7174 | 18.6372 | 18.6768 |
| February | 18.7255 | 18.5409 | 18.6680 |
| March | 18.7341 | 18.6346 | 18.6735 |
| April | 18.7225 | 18.5978 | 18.6671 |
| May | 18.7193 | 18.6381 | 18.6787 |
| June | 18.7071 | 18.6302 | 18.6709 |
| July | 18.7360 | 18.6442 | 18.6926 |
| August | 18.7900 | 18.6439 | 18.7220 |
| September | 19.0203 | 18.7819 | 18.9652 |
| October | 18.9238 | 18.7844 | 18.8497 |
| November | 18.9229 | 18.7118 | 18.8203 |
| December | 96.4400 | 18.6298 | 46.2271 |