2024 MZN to DZD Historical Review

YEARLY HIGH

2.1846 DZD

YEARLY LOW

2.0681 DZD

YEARLY AVERAGE

2.0995 DZD

2024 MZN to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 2.1846. Conversely, the yearly low was recorded on September 28, dropping to 2.0681.

This high-to-low spread represents a total annual volatility of 0.1165 DZD. From a start-to-finish perspective, comparing the January average rate of 2.1089 to the December average rate of 2.1031, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1846 was up 1.10% compared to the 2023 peak of 2.1608, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,923 DZD

2023 Average 10,642 DZD

Yearly Trough Low 10,340 DZD

Transaction Impact: A difference of 582.65 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1123

2.0707

JanuMarcMayJulySeptNove

MZN 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 2.1062, compared to 2.0928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 2.1062

H2 Avg (Jul–Dec) 2.0928

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0839 DZD (High: 2.1846 / Low: 2.1007). On the other end, May was the most stable month, with a tight range of 0.0090 DZD (High: 2.1093 / Low: 2.1003).

January Spread (Volatile) ±0.0839

May Spread (Stable) ±0.0090

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 August and September, when the average rate fell by 0.0263 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.1089) against the same month in 2023 (average: 2.1350), the exchange rate shifted by -0.0262 (-1.23%).

2024 Avg (January) 2.1089

2023 Avg (January) 2.1350

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1846	2.1007	2.1089
February	2.1215	2.1006	2.1069
March	2.1111	2.0980	2.1057
April	2.1126	2.0956	2.1043
May	2.1093	2.1003	2.1052
June	2.1122	2.1023	2.1063
July	2.1099	2.0983	2.1039
August	2.1090	2.0926	2.1005
September	2.0935	2.0681	2.0742
October	2.0948	2.0784	2.0863
November	2.1010	2.0776	2.0890
December	2.1278	2.0860	2.1031