YEARLY HIGH
1.6327 DZD
YEARLY LOW
1.5709 DZD
YEARLY AVERAGE
1.6031 DZD

2024 INR to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.6327. Conversely, the yearly low was recorded on December 18, dropping to 1.5709.

This high-to-low spread represents a total annual volatility of 0.0618 DZD. From a start-to-finish perspective, comparing the January average rate of 1.6187 to the December average rate of 1.5799, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.6327 was down 2.94% compared to the 2023 peak of 1.6822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 408,177 DZD
2023 Average 411,594 DZD
Yearly Trough Low 392,737 DZD
Transaction Impact: A difference of 15,440.44 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.6264
1.5757
JanuMarcMayJulySeptNove

INR 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 1.6167, compared to 1.5895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0272 points.

H1 Avg (Jan–Jun) 1.6167
H2 Avg (Jul–Dec) 1.5895

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0205 DZD (High: 1.6277 / Low: 1.6072). On the other end, July was the most stable month, with a tight range of 0.0091 DZD (High: 1.6123 / Low: 1.6033).

March Spread (Volatile) ±0.0205
July Spread (Stable) ±0.0091

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 August and September, when the average rate fell by 0.0189 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.6221) against the same month in 2023 (average: 1.6515), the exchange rate shifted by -0.0294 (-1.78%).

2024 Avg (February) 1.6221
2023 Avg (February) 1.6515

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6255 1.6143 1.6187
February 1.6327 1.6164 1.6221
March 1.6277 1.6072 1.6199
April 1.6196 1.6090 1.6136
May 1.6187 1.6083 1.6136
June 1.6218 1.6077 1.6120
July 1.6123 1.6033 1.6077
August 1.6092 1.5940 1.5999
September 1.5949 1.5764 1.5809
October 1.5912 1.5805 1.5860
November 1.5902 1.5765 1.5825
December 1.5877 1.5709 1.5799