YEARLY HIGH
0.3902 DZD
YEARLY LOW
0.3350 DZD
YEARLY AVERAGE
0.3673 DZD

2024 HUF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.3902. Conversely, the yearly low was recorded on December 18, dropping to 0.3350.

This high-to-low spread represents a total annual volatility of 0.0553 DZD. From a start-to-finish perspective, comparing the January average rate of 0.3842 to the December average rate of 0.3414, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3902 was down 3.56% compared to the 2023 peak of 0.4046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 390,211 DZD
2023 Average 385,412 DZD
Yearly Trough Low 334,960 DZD
Transaction Impact: A difference of 55,251.44 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3885
0.3371
JanuMarcMayJulySeptNove

HUF 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 0.3732, compared to 0.3614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.3732
H2 Avg (Jul–Dec) 0.3614

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0161 DZD (High: 0.3559 / Low: 0.3399). On the other end, March was the most stable month, with a tight range of 0.0081 DZD (High: 0.3735 / Low: 0.3654).

November Spread (Volatile) ±0.0161
March Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0148 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3842) against the same month in 2023 (average: 0.3727), the exchange rate shifted by +0.0115 (+3.08%).

2024 Avg (January) 0.3842
2023 Avg (January) 0.3727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3902 0.3750 0.3842
February 0.3831 0.3700 0.3744
March 0.3735 0.3654 0.3702
April 0.3747 0.3622 0.3675
May 0.3801 0.3696 0.3755
June 0.3765 0.3619 0.3671
July 0.3761 0.3659 0.3717
August 0.3817 0.3669 0.3748
September 0.3771 0.3680 0.3728
October 0.3691 0.3545 0.3614
November 0.3559 0.3399 0.3466
December 0.3443 0.3350 0.3414