2024 SVC to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SVC to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SVC to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15.5247. Conversely, the yearly low was recorded on September 17, dropping to 15.0925.
This high-to-low spread represents a total annual volatility of 0.4322 DZD. From a start-to-finish perspective, comparing the January average rate of 15.3770 to the December average rate of 15.3534, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.5247 was down 1.72% compared to the 2023 peak of 15.7963, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SVC 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 15.3820, compared to 15.2811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.3140 DZD (High: 15.5247 / Low: 15.2106). On the other end, July was the most stable month, with a tight range of 0.0712 DZD (High: 15.4084 / Low: 15.3373).
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 0.2132 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 15.3534) against the same month in 2023 (average: 15.3573), the exchange rate shifted by -0.0039 (-0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.4233 | 15.3215 | 15.3770 |
| February | 15.4440 | 15.3402 | 15.3792 |
| March | 15.4681 | 15.3183 | 15.3864 |
| April | 15.4460 | 15.3297 | 15.3920 |
| May | 15.4259 | 15.3453 | 15.3781 |
| June | 15.4250 | 15.2689 | 15.3793 |
| July | 15.4084 | 15.3373 | 15.3646 |
| August | 15.4661 | 15.2622 | 15.3515 |
| September | 15.2891 | 15.0925 | 15.1383 |
| October | 15.2884 | 15.1765 | 15.2236 |
| November | 15.3492 | 15.1756 | 15.2548 |
| December | 15.5247 | 15.2106 | 15.3534 |