2024 MUR to DZD Historical Review

YEARLY HIGH

3.1785 DZD

YEARLY LOW

2.8146 DZD

YEARLY AVERAGE

2.9043 DZD

2024 MUR to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 3.1785. Conversely, the yearly low was recorded on November 14, dropping to 2.8146.

This high-to-low spread represents a total annual volatility of 0.3639 DZD. From a start-to-finish perspective, comparing the January average rate of 3.0116 to the December average rate of 2.8672, the exchange rate registered a net change of -4.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.1785 was up 0.79% compared to the 2023 peak of 3.1536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,893 DZD

2023 Average 15,075 DZD

Yearly Trough Low 14,073 DZD

Transaction Impact: A difference of 1,819.46 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0262

2.8513

JanuMarcMayJulySeptNove

MUR 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 2.9303, compared to 2.8783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 2.9303

H2 Avg (Jul–Dec) 2.8783

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2779 DZD (High: 3.1785 / Low: 2.9006). On the other end, May was the most stable month, with a tight range of 0.0367 DZD (High: 2.9359 / Low: 2.8992).

March Spread (Volatile) ±0.2779

May Spread (Stable) ±0.0367

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0761 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.9316) against the same month in 2023 (average: 2.9302), the exchange rate shifted by +0.0014 (+0.05%).

2024 Avg (March) 2.9316

2023 Avg (March) 2.9302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0592	2.9363	3.0116
February	3.0009	2.8617	2.9356
March	3.1785	2.9006	2.9316
April	2.9234	2.8235	2.8975
May	2.9359	2.8992	2.9172
June	2.9372	2.8524	2.8885
July	2.8938	2.8485	2.8762
August	2.9141	2.8686	2.8970
September	2.8997	2.8525	2.8804
October	2.9156	2.8529	2.8830
November	2.9098	2.8146	2.8659
December	2.8929	2.8416	2.8672