2014 TOP to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 TOP to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the TOP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 44.8282. Conversely, the yearly low was recorded on March 10, dropping to 41.4659.
This high-to-low spread represents a total annual volatility of 3.3623 DZD. From a start-to-finish perspective, comparing the January average rate of 42.0905 to the December average rate of 44.2990, the exchange rate registered a net change of 5.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 44.8282 was down 2.01% compared to the 2013 peak of 45.7484, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
TOP 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 42.3423, compared to 43.0739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7316 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 1.9449 DZD (High: 43.8464 / Low: 41.9015). On the other end, February was the most stable month, with a tight range of 0.5914 DZD (High: 42.1279 / Low: 41.5365).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4575 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 44.2990) against the same month in 2013 (average: 42.4109), the exchange rate shifted by +1.8880 (+4.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 42.4447 | 41.6339 | 42.0905 |
| February | 42.1279 | 41.5365 | 41.7365 |
| March | 42.8853 | 41.4659 | 41.9132 |
| April | 43.6632 | 42.2722 | 42.9845 |
| May | 43.2370 | 42.3547 | 42.6153 |
| June | 43.0594 | 42.3145 | 42.7138 |
| July | 44.0856 | 42.8512 | 43.1767 |
| August | 43.8277 | 42.3486 | 43.0978 |
| September | 43.7770 | 42.1473 | 42.6403 |
| October | 42.9233 | 42.1984 | 42.5733 |
| November | 43.8464 | 41.9015 | 42.6566 |
| December | 44.8282 | 43.5770 | 44.2990 |