YEARLY HIGH
0.0090 DZD
YEARLY LOW
0.0015 DZD
YEARLY AVERAGE
0.0026 DZD

2024 LBP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0090. Conversely, the yearly low was recorded on September 28, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0075 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0015, the exchange rate registered a net change of -83.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0090 was down 90.11% compared to the 2023 peak of 0.0909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45 DZD
2023 Average 85 DZD
Yearly Trough Low 7 DZD
Transaction Impact: A difference of 37.57 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0097
0.0007
JanuMarcMayJulySeptNove

LBP 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 0.0036, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0036
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0075 DZD (High: 0.0090 / Low: 0.0015). On the other end, July was the most stable month, with a tight range of 0.0000 DZD (High: 0.0015 / Low: 0.0015).

February Spread (Volatile) ±0.0075
July Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0069) against the same month in 2023 (average: 0.0234), the exchange rate shifted by -0.0165 (-70.55%).

2024 Avg (February) 0.0069
2023 Avg (February) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0089 0.0090
February 0.0090 0.0015 0.0069
March 0.0015 0.0015 0.0015
April 0.0015 0.0015 0.0015
May 0.0015 0.0015 0.0015
June 0.0015 0.0015 0.0015
July 0.0015 0.0015 0.0015
August 0.0015 0.0015 0.0015
September 0.0015 0.0015 0.0015
October 0.0015 0.0015 0.0015
November 0.0015 0.0015 0.0015
December 0.0015 0.0015 0.0015