2024 JOD to DZD Historical Review

YEARLY HIGH

191.5123 DZD

YEARLY LOW

186.3937 DZD

YEARLY AVERAGE

189.1989 DZD

2024 JOD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 191.5123. Conversely, the yearly low was recorded on September 28, dropping to 186.3937.

This high-to-low spread represents a total annual volatility of 5.1187 DZD. From a start-to-finish perspective, comparing the January average rate of 189.6275 to the December average rate of 189.3613, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 191.5123 was down 1.57% compared to the 2023 peak of 194.5651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 957,562 DZD

2023 Average 958,342 DZD

Yearly Trough Low 931,968 DZD

Transaction Impact: A difference of 25,593.32 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

190.1897

186.6499

JanuMarcMayJulySeptNove

JOD 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 189.7917, compared to 188.6062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1854 points.

H1 Avg (Jan–Jun) 189.7917

H2 Avg (Jul–Dec) 188.6062

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 3.6175 DZD (High: 191.5123 / Low: 187.8949). On the other end, January was the most stable month, with a tight range of 0.8143 DZD (High: 190.0373 / Low: 189.2230).

December Spread (Volatile) ±3.6175

January Spread (Stable) ±0.8143

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 2.4160 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 189.3613) against the same month in 2023 (average: 189.6105), the exchange rate shifted by -0.2492 (-0.13%).

2024 Avg (December) 189.3613

2023 Avg (December) 189.6105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	190.0373	189.2230	189.6275
February	191.0783	189.2215	189.8067
March	190.1985	189.1881	189.7978
April	190.5742	189.3583	189.8947
May	190.1622	189.3375	189.7654
June	190.2969	189.4611	189.8579
July	190.1538	189.1953	189.6575
August	190.1567	188.6783	189.3609
September	188.7600	186.3937	186.9449
October	188.6580	187.3444	188.0588
November	189.3598	187.2477	188.2539
December	191.5123	187.8949	189.3613