2024 MGA to DZD Historical Review

YEARLY HIGH

0.0310 DZD

YEARLY LOW

0.0283 DZD

YEARLY AVERAGE

0.0296 DZD

2024 MGA to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MGA to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0310. Conversely, the yearly low was recorded on December 13, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0027 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0295 to the December average rate of 0.0286, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0310 was down 3.19% compared to the 2023 peak of 0.0320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155 DZD

2023 Average 153 DZD

Yearly Trough Low 141 DZD

Transaction Impact: A difference of 13.48 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0308

0.0284

JanuMarcMayJulySeptNove

MGA 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 0.0301, compared to 0.0291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0301

H2 Avg (Jul–Dec) 0.0291

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0011 DZD (High: 0.0309 / Low: 0.0298). On the other end, February was the most stable month, with a tight range of 0.0003 DZD (High: 0.0298 / Low: 0.0295).

March Spread (Volatile) ±0.0011

February Spread (Stable) ±0.0003

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0306) against the same month in 2023 (average: 0.0309), the exchange rate shifted by -0.0003 (-1.04%).

2024 Avg (April) 0.0306

2023 Avg (April) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0298	0.0291	0.0295
February	0.0298	0.0295	0.0296
March	0.0309	0.0298	0.0301
April	0.0310	0.0301	0.0306
May	0.0305	0.0302	0.0303
June	0.0303	0.0297	0.0301
July	0.0301	0.0295	0.0298
August	0.0298	0.0291	0.0294
September	0.0294	0.0290	0.0292
October	0.0293	0.0289	0.0290
November	0.0291	0.0284	0.0287
December	0.0291	0.0283	0.0286