2024 ERN to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ERN to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ERN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 135.8205. Conversely, the yearly low was recorded on September 28, dropping to 132.0972.
This high-to-low spread represents a total annual volatility of 3.7234 DZD. From a start-to-finish perspective, comparing the January average rate of 134.5267 to the December average rate of 134.3017, the exchange rate registered a net change of -0.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 135.8205 was down 1.60% compared to the 2023 peak of 138.0245, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ERN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ERN to DZD 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 134.5579, compared to 133.6993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8586 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 2.5279 DZD (High: 135.8205 / Low: 133.2926). On the other end, June was the most stable month, with a tight range of 0.5544 DZD (High: 134.8634 / Low: 134.3090).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 1.7203 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 134.3017) against the same month in 2023 (average: 134.5158), the exchange rate shifted by -0.2141 (-0.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 134.8125 | 134.2348 | 134.5267 |
| February | 135.5127 | 134.1770 | 134.5906 |
| March | 134.8317 | 134.1154 | 134.5507 |
| April | 135.0981 | 134.1982 | 134.5967 |
| May | 134.8060 | 134.2213 | 134.5131 |
| June | 134.8634 | 134.3090 | 134.5694 |
| July | 134.7620 | 134.1017 | 134.4134 |
| August | 134.7641 | 133.7163 | 134.2025 |
| September | 133.7742 | 132.0972 | 132.4822 |
| October | 133.7561 | 132.7709 | 133.2936 |
| November | 134.2750 | 132.7773 | 133.5022 |
| December | 135.8205 | 133.2926 | 134.3017 |