2024 PEN to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 36.6847. Conversely, the yearly low was recorded on February 15, dropping to 34.6306.
This high-to-low spread represents a total annual volatility of 2.0542 DZD. From a start-to-finish perspective, comparing the January average rate of 36.0566 to the December average rate of 35.9899, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 36.6847 was down 3.13% compared to the 2023 peak of 37.8703, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PEN to DZD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 35.8806, compared to 35.6055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2750 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 1.2241 DZD (High: 36.1922 / Low: 34.9681). On the other end, October was the most stable month, with a tight range of 0.4917 DZD (High: 35.8222 / Low: 35.3305).
Growth Streaks & Declines
TrendsBetween February and April, 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 January and February, when the average rate fell by 0.9018 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 36.2211) against the same month in 2023 (average: 36.0374), the exchange rate shifted by +0.1837 (+0.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.4274 | 35.2880 | 36.0566 |
| February | 35.5874 | 34.6306 | 35.1548 |
| March | 36.6847 | 35.6106 | 36.2211 |
| April | 36.6401 | 35.6349 | 36.2263 |
| May | 36.4534 | 35.7701 | 36.0509 |
| June | 36.1314 | 35.1300 | 35.5738 |
| July | 36.1922 | 34.9681 | 35.7152 |
| August | 36.1903 | 35.6094 | 35.9318 |
| September | 35.6921 | 34.7261 | 35.1482 |
| October | 35.8222 | 35.3305 | 35.5375 |
| November | 35.6628 | 34.9865 | 35.3107 |
| December | 36.3665 | 35.6340 | 35.9899 |