2024 ETB to DZD Historical Review

YEARLY HIGH

2.4022 DZD

YEARLY LOW

1.0515 DZD

YEARLY AVERAGE

1.8520 DZD

2024 ETB to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.4022. Conversely, the yearly low was recorded on December 7, dropping to 1.0515.

This high-to-low spread represents a total annual volatility of 1.3507 DZD. From a start-to-finish perspective, comparing the January average rate of 2.3842 to the December average rate of 1.0605, the exchange rate registered a net change of -55.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4022 was down 6.48% compared to the 2023 peak of 2.5686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,011 DZD

2023 Average 12,418 DZD

Yearly Trough Low 5,258 DZD

Transaction Impact: A difference of 6,753.52 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5166

0.9282

JanuMarcMayJulySeptNove

ETB 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 2.3641, compared to 1.3398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0243 points.

H1 Avg (Jan–Jun) 2.3641

H2 Avg (Jul–Dec) 1.3398

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.5640 DZD (High: 2.3484 / Low: 1.7845). On the other end, May was the most stable month, with a tight range of 0.0254 DZD (High: 2.3627 / Low: 2.3373).

July Spread (Volatile) ±0.5640

May Spread (Stable) ±0.0254

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 July and August, when the average rate fell by 0.9917 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.9917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.3842) against the same month in 2023 (average: 2.5430), the exchange rate shifted by -0.1588 (-6.24%).

2024 Avg (January) 2.3842

2023 Avg (January) 2.5430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4022	2.3730	2.3842
February	2.3982	2.3693	2.3769
March	2.3920	2.3598	2.3717
April	2.3804	2.3373	2.3654
May	2.3627	2.3373	2.3463
June	2.3608	2.3272	2.3402
July	2.3484	1.7845	2.3127
August	1.7099	1.1873	1.3210
September	1.2110	1.1028	1.1481
October	1.1269	1.0911	1.1074
November	1.1107	1.0558	1.0890
December	1.0859	1.0515	1.0605