YEARLY HIGH
0.0157 DZD
YEARLY LOW
0.0153 DZD
YEARLY AVERAGE
0.0156 DZD

2024 GNF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0157. Conversely, the yearly low was recorded on September 17, dropping to 0.0153.

This high-to-low spread represents a total annual volatility of 0.0005 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0157 to the December average rate of 0.0156, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0157 was down 2.18% compared to the 2023 peak of 0.0161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79 DZD
2023 Average 79 DZD
Yearly Trough Low 76 DZD
Transaction Impact: A difference of 2.31 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0157
0.0153
JanuMarcMayJulySeptNove

GNF 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 0.0157, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0157
H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0003 DZD (High: 0.0157 / Low: 0.0154). On the other end, May was the most stable month, with a tight range of 0.0001 DZD (High: 0.0157 / Low: 0.0156).

December Spread (Volatile) ±0.0003
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0157) against the same month in 2023 (average: 0.0158), the exchange rate shifted by -0.0001 (-0.65%).

2024 Avg (March) 0.0157
2023 Avg (March) 0.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0157 0.0156 0.0157
February 0.0157 0.0155 0.0156
March 0.0157 0.0156 0.0157
April 0.0157 0.0156 0.0157
May 0.0157 0.0156 0.0157
June 0.0157 0.0155 0.0156
July 0.0157 0.0156 0.0156
August 0.0157 0.0155 0.0156
September 0.0155 0.0153 0.0153
October 0.0155 0.0153 0.0154
November 0.0156 0.0154 0.0155
December 0.0157 0.0154 0.0156