YEARLY HIGH
0.1437 ZAR
YEARLY LOW
0.1295 ZAR
YEARLY AVERAGE
0.1367 ZAR

2024 DZD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.1437. Conversely, the yearly low was recorded on September 29, dropping to 0.1295.

This high-to-low spread represents a total annual volatility of 0.0142 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1394 to the December average rate of 0.1358, the exchange rate registered a net change of -2.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1437 was down 0.65% compared to the 2023 peak of 0.1446, 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 718 ZAR
2023 Average 679 ZAR
Yearly Trough Low 647 ZAR
Transaction Impact: A difference of 71.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1423
0.1309
JanuMarcMayJulySeptNove

DZD to ZAR 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 0.1391, compared to 0.1342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1391
H2 Avg (Jul–Dec) 0.1342

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0076 ZAR (High: 0.1394 / Low: 0.1318). On the other end, October was the most stable month, with a tight range of 0.0026 ZAR (High: 0.1330 / Low: 0.1304).

August Spread (Volatile) ±0.0076
October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1413) against the same month in 2023 (average: 0.1313), the exchange rate shifted by +0.0100 (+7.60%).

2024 Avg (February) 0.1413
2023 Avg (February) 0.1313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1430 0.1360 0.1394
February 0.1437 0.1377 0.1413
March 0.1421 0.1382 0.1401
April 0.1434 0.1371 0.1403
May 0.1398 0.1342 0.1369
June 0.1410 0.1335 0.1368
July 0.1384 0.1337 0.1356
August 0.1394 0.1318 0.1346
September 0.1354 0.1295 0.1328
October 0.1330 0.1304 0.1318
November 0.1370 0.1297 0.1345
December 0.1395 0.1324 0.1358