YEARLY HIGH
0.0807 DZD
YEARLY LOW
0.0758 DZD
YEARLY AVERAGE
0.0779 DZD

2024 MWK to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0807. Conversely, the yearly low was recorded on September 25, dropping to 0.0758.

This high-to-low spread represents a total annual volatility of 0.0048 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0799 to the December average rate of 0.0775, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0807 was down 40.26% compared to the 2023 peak of 0.1350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 403 DZD
2023 Average 614 DZD
Yearly Trough Low 379 DZD
Transaction Impact: A difference of 24.10 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0803
0.0760
JanuMarcMayJulySeptNove

MWK 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 0.0787, compared to 0.0771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0787
H2 Avg (Jul–Dec) 0.0771

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0034 DZD (High: 0.0807 / Low: 0.0773). On the other end, July was the most stable month, with a tight range of 0.0003 DZD (High: 0.0777 / Low: 0.0774).

March Spread (Volatile) ±0.0034
July Spread (Stable) ±0.0003

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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0792) against the same month in 2023 (average: 0.1326), the exchange rate shifted by -0.0534 (-40.25%).

2024 Avg (March) 0.0792
2023 Avg (March) 0.1326

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0802 0.0796 0.0799
February 0.0802 0.0797 0.0799
March 0.0807 0.0773 0.0792
April 0.0780 0.0772 0.0776
May 0.0781 0.0772 0.0776
June 0.0778 0.0771 0.0776
July 0.0777 0.0774 0.0775
August 0.0780 0.0770 0.0775
September 0.0772 0.0758 0.0764
October 0.0771 0.0766 0.0768
November 0.0774 0.0766 0.0769
December 0.0783 0.0768 0.0775