YEARLY HIGH
103.2090 DZD
YEARLY LOW
98.1404 DZD
YEARLY AVERAGE
100.3747 DZD

2024 SGD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SGD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 103.2090. Conversely, the yearly low was recorded on December 18, dropping to 98.1404.

This high-to-low spread represents a total annual volatility of 5.0685 DZD. From a start-to-finish perspective, comparing the January average rate of 100.7062 to the December average rate of 99.4038, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 103.2090 was down 0.60% compared to the 2023 peak of 103.8300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 516,045 DZD
2023 Average 506,153 DZD
Yearly Trough Low 490,702 DZD
Transaction Impact: A difference of 25,342.74 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

102.5648
98.8537
JanuMarcMayJulySeptNove

SGD 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 99.8864, compared to 100.8630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9766 points.

H1 Avg (Jan–Jun) 99.8864
H2 Avg (Jul–Dec) 100.8630

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.3756 DZD (High: 103.1873 / Low: 100.8117). On the other end, May was the most stable month, with a tight range of 1.0643 DZD (High: 100.0305 / Low: 98.9661).

August Spread (Volatile) ±2.3756
May Spread (Stable) ±1.0643

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 1.7939 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 102.2555) against the same month in 2023 (average: 100.6132), the exchange rate shifted by +1.6423 (+1.63%).

2024 Avg (September) 102.2555
2023 Avg (September) 100.6132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 101.8587 100.0631 100.7062
February 100.9126 99.6911 100.0602
March 101.0059 99.5644 100.3120
April 100.0808 98.4869 99.1630
May 100.0305 98.9661 99.5808
June 100.1638 99.0211 99.4963
July 100.7230 99.0826 99.8818
August 103.1873 100.8117 102.0214
September 103.2090 101.5237 102.2555
October 103.0622 100.7650 101.7048
November 101.2774 99.0973 99.9109
December 99.8599 98.1404 99.4038