YEARLY HIGH
57.7681 DZD
YEARLY LOW
55.5482 DZD
YEARLY AVERAGE
56.6230 DZD

2024 TOP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 57.7681. Conversely, the yearly low was recorded on November 27, dropping to 55.5482.

This high-to-low spread represents a total annual volatility of 2.2199 DZD. From a start-to-finish perspective, comparing the January average rate of 57.1132 to the December average rate of 56.0869, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 57.7681 was down 1.99% compared to the 2023 peak of 58.9427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 288,840 DZD
2023 Average 287,762 DZD
Yearly Trough Low 277,741 DZD
Transaction Impact: A difference of 11,099.33 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57.2409
55.7080
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 56.8437, compared to 56.4024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4413 points.

H1 Avg (Jan–Jun) 56.8437
H2 Avg (Jul–Dec) 56.4024

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 1.1994 DZD (High: 56.8564 / Low: 55.6570). On the other end, June was the most stable month, with a tight range of 0.3357 DZD (High: 57.2108 / Low: 56.8751).

April Spread (Volatile) ±1.1994
June Spread (Stable) ±0.3357

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.5857 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 57.1132) against the same month in 2023 (average: 58.5508), the exchange rate shifted by -1.4376 (-2.46%).

2024 Avg (January) 57.1132
2023 Avg (January) 58.5508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.7681 56.6555 57.1132
February 57.3304 56.2025 56.8425
March 57.1598 56.5181 56.8111
April 56.8564 55.6570 56.4531
May 57.1531 56.3335 56.7989
June 57.2108 56.8751 57.0432
July 57.1100 56.2783 56.8047
August 57.3982 56.2925 56.7658
September 57.2006 56.1603 56.4996
October 56.9034 55.8331 56.4214
November 56.2385 55.5482 55.8357
December 56.7212 55.6655 56.0869