2024 QAR to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 QAR to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the QAR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 37.2493. Conversely, the yearly low was recorded on September 20, dropping to 36.2334.
This high-to-low spread represents a total annual volatility of 1.0159 DZD. From a start-to-finish perspective, comparing the January average rate of 36.9256 to the December average rate of 36.8676, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 37.2493 was down 1.74% compared to the 2023 peak of 37.9084, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
QAR 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 36.9356, compared to 36.7041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2315 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.7395 DZD (High: 37.2493 / Low: 36.5097). On the other end, July was the most stable month, with a tight range of 0.2027 DZD (High: 37.0073 / Low: 36.8045).
Growth Streaks & Declines
TrendsBetween January and April, 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 0.5146 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 36.8676) against the same month in 2023 (average: 36.9080), the exchange rate shifted by -0.0404 (-0.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.0072 | 36.7691 | 36.9256 |
| February | 37.0516 | 36.7984 | 36.9384 |
| March | 37.0928 | 36.8179 | 36.9472 |
| April | 37.1047 | 36.7175 | 36.9507 |
| May | 37.1125 | 36.8092 | 36.9218 |
| June | 37.0294 | 36.6278 | 36.9297 |
| July | 37.0073 | 36.8045 | 36.8871 |
| August | 37.1449 | 36.6429 | 36.8829 |
| September | 36.7026 | 36.2334 | 36.3683 |
| October | 36.7283 | 36.4201 | 36.5689 |
| November | 36.8739 | 36.4340 | 36.6497 |
| December | 37.2493 | 36.5097 | 36.8676 |