YEARLY HIGH
0.7476 DZD
YEARLY LOW
0.6605 DZD
YEARLY AVERAGE
0.7012 DZD

2024 LRD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.7476. Conversely, the yearly low was recorded on September 20, dropping to 0.6605.

This high-to-low spread represents a total annual volatility of 0.0871 DZD. From a start-to-finish perspective, comparing the January average rate of 0.7113 to the December average rate of 0.7437, the exchange rate registered a net change of 4.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7476 was down 16.18% compared to the 2023 peak of 0.8920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,738 DZD
2023 Average 3,912 DZD
Yearly Trough Low 3,303 DZD
Transaction Impact: A difference of 435.70 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7504
0.6708
JanuMarcMayJulySeptNove

LRD 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 0.7006, compared to 0.7018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.7006
H2 Avg (Jul–Dec) 0.7018

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0538 DZD (High: 0.7458 / Low: 0.6920). On the other end, May was the most stable month, with a tight range of 0.0031 DZD (High: 0.6962 / Low: 0.6932).

November Spread (Volatile) ±0.0538
May Spread (Stable) ±0.0031

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 0.0088 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7437) against the same month in 2023 (average: 0.7146), the exchange rate shifted by +0.0291 (+4.07%).

2024 Avg (December) 0.7437
2023 Avg (December) 0.7146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7146 0.7084 0.7113
February 0.7128 0.7029 0.7066
March 0.7030 0.6963 0.6992
April 0.7170 0.6940 0.6983
May 0.6962 0.6932 0.6950
June 0.6957 0.6913 0.6934
July 0.6917 0.6877 0.6896
August 0.6906 0.6751 0.6863
September 0.6860 0.6605 0.6774
October 0.6956 0.6852 0.6917
November 0.7458 0.6920 0.7220
December 0.7476 0.7381 0.7437