2024 NOK to DZD Historical Review

YEARLY HIGH

13.1997 DZD

YEARLY LOW

11.7463 DZD

YEARLY AVERAGE

12.4796 DZD

2024 NOK to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NOK to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.1997. Conversely, the yearly low was recorded on December 18, dropping to 11.7463.

This high-to-low spread represents a total annual volatility of 1.4534 DZD. From a start-to-finish perspective, comparing the January average rate of 12.9365 to the December average rate of 11.9586, the exchange rate registered a net change of -7.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.1997 was down 5.81% compared to the 2023 peak of 14.0143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,999 DZD

2023 Average 64,421 DZD

Yearly Trough Low 58,732 DZD

Transaction Impact: A difference of 7,266.98 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.0343

11.8608

JanuMarcMayJulySeptNove

NOK 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 12.6521, compared to 12.3072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3448 points.

H1 Avg (Jan–Jun) 12.6521

H2 Avg (Jul–Dec) 12.3072

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.6361 DZD (High: 12.8382 / Low: 12.2021). On the other end, November was the most stable month, with a tight range of 0.2986 DZD (High: 12.2676 / Low: 11.9690).

May Spread (Volatile) ±0.6361

November Spread (Stable) ±0.2986

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 12.9365) against the same month in 2023 (average: 13.7427), the exchange rate shifted by -0.8062 (-5.87%).

2024 Avg (January) 12.9365

2023 Avg (January) 13.7427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1997	12.7623	12.9365
February	12.9258	12.6183	12.7573
March	12.9467	12.4126	12.6756
April	12.6106	12.1097	12.3406
May	12.8382	12.2021	12.5254
June	12.8956	12.5457	12.6770
July	12.7300	12.1860	12.4521
August	12.8248	12.2338	12.5464
September	12.7221	12.2183	12.4887
October	12.5666	12.1024	12.3145
November	12.2676	11.9690	12.0831
December	12.1068	11.7463	11.9586