YEARLY HIGH
4.3702 DZD
YEARLY LOW
2.6299 DZD
YEARLY AVERAGE
3.0521 DZD

2024 EGP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 4.3702. Conversely, the yearly low was recorded on December 18, dropping to 2.6299.

This high-to-low spread represents a total annual volatility of 1.7403 DZD. From a start-to-finish perspective, comparing the January average rate of 4.3551 to the December average rate of 2.6560, the exchange rate registered a net change of -39.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.3702 was down 21.41% compared to the 2023 peak of 5.5610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 21,851 DZD
2023 Average 22,194 DZD
Yearly Trough Low 13,150 DZD
Transaction Impact: A difference of 8,701.38 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.5250
2.4861
JanuMarcMayJulySeptNove

EGP to DZD 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 3.3754, compared to 2.7288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6466 points.

H1 Avg (Jan–Jun) 3.3754
H2 Avg (Jul–Dec) 2.7288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.6548 DZD (High: 4.3664 / Low: 2.7116). On the other end, February was the most stable month, with a tight range of 0.0261 DZD (High: 4.3682 / Low: 4.3421).

March Spread (Volatile) ±1.6548
February Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.2929 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.2929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 4.3551) against the same month in 2023 (average: 4.7874), the exchange rate shifted by -0.4323 (-9.03%).

2024 Avg (January) 4.3551
2023 Avg (January) 4.7874

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.3702 4.3323 4.3551
February 4.3682 4.3421 4.3544
March 4.3664 2.7116 3.0615
April 2.8547 2.7784 2.8155
May 2.8830 2.8025 2.8451
June 2.8613 2.7801 2.8208
July 2.8029 2.7714 2.7901
August 2.7678 2.7192 2.7444
September 2.7563 2.7154 2.7346
October 2.7609 2.7190 2.7436
November 2.7351 2.6843 2.7040
December 2.6908 2.6299 2.6560