YEARLY HIGH
0.1037 DZD
YEARLY LOW
0.1004 DZD
YEARLY AVERAGE
0.1024 DZD

2024 IQD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1037. Conversely, the yearly low was recorded on September 25, dropping to 0.1004.

This high-to-low spread represents a total annual volatility of 0.0033 DZD. From a start-to-finish perspective, comparing the January average rate of 0.1027 to the December average rate of 0.1026, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1037 was down 1.72% compared to the 2023 peak of 0.1055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 518 DZD
2023 Average 502 DZD
Yearly Trough Low 502 DZD
Transaction Impact: A difference of 16.54 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1029
0.1009
JanuMarcMayJulySeptNove

IQD 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 0.1027, compared to 0.1021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1027
H2 Avg (Jul–Dec) 0.1021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0021 DZD (High: 0.1037 / Low: 0.1016). On the other end, July was the most stable month, with a tight range of 0.0004 DZD (High: 0.1029 / Low: 0.1024).

December Spread (Volatile) ±0.0021
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1026) against the same month in 2023 (average: 0.1026), the exchange rate shifted by -0.0001 (-0.07%).

2024 Avg (December) 0.1026
2023 Avg (December) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1030 0.1024 0.1027
February 0.1030 0.1025 0.1027
March 0.1033 0.1023 0.1028
April 0.1032 0.1022 0.1028
May 0.1033 0.1025 0.1027
June 0.1030 0.1020 0.1027
July 0.1029 0.1024 0.1026
August 0.1034 0.1020 0.1026
September 0.1021 0.1004 0.1011
October 0.1021 0.1014 0.1017
November 0.1025 0.1012 0.1019
December 0.1037 0.1016 0.1026