2024 FJD to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 61.2498. Conversely, the yearly low was recorded on December 18, dropping to 57.5420.
This high-to-low spread represents a total annual volatility of 3.7077 DZD. From a start-to-finish perspective, comparing the January average rate of 60.2362 to the December average rate of 58.2103, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 61.2498 was down 2.81% compared to the 2023 peak of 63.0206, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FJD 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 59.7849, compared to 59.4769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3080 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 2.0984 DZD (High: 60.5817 / Low: 58.4833). On the other end, June was the most stable month, with a tight range of 1.0550 DZD (High: 60.3722 / Low: 59.3172).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7731 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 60.2362) against the same month in 2023 (average: 62.6248), the exchange rate shifted by -2.3886 (-3.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.2498 | 59.2574 | 60.2362 |
| February | 60.3480 | 59.0643 | 59.8397 |
| March | 60.4439 | 59.1383 | 59.7595 |
| April | 60.1323 | 58.5317 | 59.3894 |
| May | 60.4259 | 58.7756 | 59.6240 |
| June | 60.3722 | 59.3172 | 59.8608 |
| July | 60.4852 | 59.3419 | 59.9025 |
| August | 60.9654 | 59.2533 | 60.1639 |
| September | 60.6139 | 59.2145 | 60.0044 |
| October | 60.5817 | 58.4833 | 59.6768 |
| November | 59.5913 | 58.0928 | 58.9037 |
| December | 58.9347 | 57.5420 | 58.2103 |