YEARLY HIGH
2.4276 DZD
YEARLY LOW
2.2510 DZD
YEARLY AVERAGE
2.3421 DZD

2024 PHP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 2.4276. Conversely, the yearly low was recorded on December 18, dropping to 2.2510.

This high-to-low spread represents a total annual volatility of 0.1766 DZD. From a start-to-finish perspective, comparing the January average rate of 2.4040 to the December average rate of 2.2988, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4276 was down 4.40% compared to the 2023 peak of 2.5395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 606,904 DZD
2023 Average 611,125 DZD
Yearly Trough Low 562,762 DZD
Transaction Impact: A difference of 44,142.39 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4199
2.2613
JanuMarcMayJulySeptNove

PHP 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 2.3656, compared to 2.3185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 2.3656
H2 Avg (Jul–Dec) 2.3185

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0931 DZD (High: 2.3442 / Low: 2.2510). On the other end, June was the most stable month, with a tight range of 0.0229 DZD (High: 2.3065 / Low: 2.2836).

December Spread (Volatile) ±0.0931
June Spread (Stable) ±0.0229

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 March and April, when the average rate fell by 0.0468 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.4067) against the same month in 2023 (average: 2.4871), the exchange rate shifted by -0.0804 (-3.23%).

2024 Avg (March) 2.4067
2023 Avg (March) 2.4871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4268 2.3832 2.4040
February 2.4157 2.3877 2.4025
March 2.4276 2.3834 2.4067
April 2.4017 2.3269 2.3598
May 2.3587 2.2969 2.3282
June 2.3065 2.2836 2.2924
July 2.3096 2.2864 2.2986
August 2.3932 2.3108 2.3556
September 2.3818 2.3458 2.3643
October 2.3676 2.2824 2.3193
November 2.2895 2.2593 2.2745
December 2.3442 2.2510 2.2988