YEARLY HIGH
0.0647 DZD
YEARLY LOW
0.0414 DZD
YEARLY AVERAGE
0.0634 DZD

2024 MMK to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0647. Conversely, the yearly low was recorded on July 19, dropping to 0.0414.

This high-to-low spread represents a total annual volatility of 0.0233 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0641 to the December average rate of 0.0640, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0647 was down 1.64% compared to the 2023 peak of 0.0658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 324 DZD
2023 Average 324 DZD
Yearly Trough Low 207 DZD
Transaction Impact: A difference of 116.57 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0645
0.0595
JanuMarcMayJulySeptNove

MMK 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 0.0637, compared to 0.0630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0637
H2 Avg (Jul–Dec) 0.0630

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0228 DZD (High: 0.0642 / Low: 0.0414). On the other end, May was the most stable month, with a tight range of 0.0003 DZD (High: 0.0643 / Low: 0.0639).

July Spread (Volatile) ±0.0228
May 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 May and June, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0640) against the same month in 2023 (average: 0.0640), the exchange rate shifted by +0.0000 (+0.04%).

2024 Avg (December) 0.0640
2023 Avg (December) 0.0640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0643 0.0638 0.0641
February 0.0643 0.0639 0.0641
March 0.0644 0.0638 0.0641
April 0.0644 0.0637 0.0641
May 0.0643 0.0639 0.0641
June 0.0643 0.0542 0.0617
July 0.0642 0.0414 0.0600
August 0.0642 0.0637 0.0640
September 0.0638 0.0630 0.0631
October 0.0638 0.0633 0.0635
November 0.0640 0.0633 0.0636
December 0.0647 0.0635 0.0640