2024 MDL to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 7.7844. Conversely, the yearly low was recorded on December 9, dropping to 7.2592.
This high-to-low spread represents a total annual volatility of 0.5252 DZD. From a start-to-finish perspective, comparing the January average rate of 7.6346 to the December average rate of 7.3319, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 7.7844 was down 0.00% compared to the 2023 peak of 7.7845, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MDL to DZD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.6041, compared to 7.5268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0773 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.2211 DZD (High: 7.6436 / Low: 7.4225). On the other end, March was the most stable month, with a tight range of 0.0812 DZD (High: 7.6587 / Low: 7.5775).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1399 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 7.6346) against the same month in 2023 (average: 7.1824), the exchange rate shifted by +0.4522 (+6.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.7844 | 7.5806 | 7.6346 |
| February | 7.6127 | 7.5073 | 7.5609 |
| March | 7.6587 | 7.5775 | 7.6221 |
| April | 7.6843 | 7.5123 | 7.5939 |
| May | 7.6596 | 7.5780 | 7.6182 |
| June | 7.6715 | 7.5272 | 7.5949 |
| July | 7.6560 | 7.5396 | 7.5922 |
| August | 7.7624 | 7.5911 | 7.6757 |
| September | 7.7415 | 7.5556 | 7.6235 |
| October | 7.6436 | 7.4225 | 7.5388 |
| November | 7.5152 | 7.2983 | 7.3989 |
| December | 7.3991 | 7.2592 | 7.3319 |