2014 HNL to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 HNL to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the HNL to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 4.1808. Conversely, the yearly low was recorded on July 2, dropping to 3.7808.
This high-to-low spread represents a total annual volatility of 0.4000 DZD. From a start-to-finish perspective, comparing the January average rate of 3.9074 to the December average rate of 4.1236, the exchange rate registered a net change of 5.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 4.1808 was down 0.63% compared to the 2013 peak of 4.2075, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
HNL 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 3.9864, compared to 3.9180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 0.3248 DZD (High: 4.1544 / Low: 3.8296). On the other end, April was the most stable month, with a tight range of 0.0274 DZD (High: 4.1204 / Low: 4.0930).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3036 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 4.1236) against the same month in 2013 (average: 3.8586), the exchange rate shifted by +0.2649 (+6.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.9410 | 3.8682 | 3.9074 |
| February | 3.9771 | 3.9267 | 3.9531 |
| March | 4.0952 | 3.9760 | 4.0243 |
| April | 4.1204 | 4.0930 | 4.1102 |
| May | 4.1544 | 3.8296 | 4.1134 |
| June | 3.8340 | 3.7854 | 3.8099 |
| July | 3.8191 | 3.7808 | 3.7960 |
| August | 3.8284 | 3.7963 | 3.8115 |
| September | 3.9354 | 3.8064 | 3.8498 |
| October | 3.9608 | 3.9091 | 3.9314 |
| November | 4.0634 | 3.9392 | 3.9956 |
| December | 4.1808 | 4.0578 | 4.1236 |