2024 SHP to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SHP to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SHP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 177.6211. Conversely, the yearly low was recorded on April 22, dropping to 166.2018.
This high-to-low spread represents a total annual volatility of 11.4193 DZD. From a start-to-finish perspective, comparing the January average rate of 170.9587 to the December average rate of 169.6771, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 177.6211 was up 0.43% compared to the 2023 peak of 176.8642, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SHP 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 170.2157, compared to 172.6073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3917 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 6.7612 DZD (High: 177.4416 / Low: 170.6803). On the other end, January was the most stable month, with a tight range of 1.7800 DZD (High: 171.7732 / Low: 169.9932).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.6874 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 175.1467) against the same month in 2023 (average: 169.9181), the exchange rate shifted by +5.2286 (+3.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 171.7732 | 169.9932 | 170.9587 |
| February | 171.9344 | 169.0447 | 170.0051 |
| March | 173.0108 | 169.2741 | 170.9820 |
| April | 170.6196 | 166.2018 | 168.3795 |
| May | 171.8951 | 168.2260 | 169.9771 |
| June | 172.6351 | 169.9609 | 170.9916 |
| July | 174.8359 | 170.1226 | 172.9887 |
| August | 177.4416 | 170.6803 | 173.7460 |
| September | 177.6211 | 172.9859 | 175.1467 |
| October | 176.2483 | 171.6583 | 173.8864 |
| November | 173.5173 | 167.6016 | 170.1990 |
| December | 170.8145 | 168.1342 | 169.6771 |