UAE Dirham (AED) To Algerian Dinar (DZD) Lowest Exchange Rate

| November 13, 2018

This report analyzes the lowest exchange rate of UAE Dirham (AED) - Algerian Dinar (DZD). The sections include the comparison to other similar currency pairs and losses during the lowest rate date. Additionally, you will find a section that analyzes how low other stronger currencies against AED have gone.

The time range of analysis of this report is between 2014-12-01 and 2018-10-01. We will update this report regularly once in about 2 to 3 months.

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Below is a table of contents to help you navigate through the report.

  1. AED/DZD Lowest Exchange Rate
  2. 1-Week, 1-Month and 1-Year Losses During AED/DZD Lowest Rate
  3. Loss At Lowest Rate If You Had Bought UAE Dirham (AED) At Previous Highest Rate
  4. AED/DZD Lowest Rate Compared To 3 Of The Strongest Currencies
  5. AED/DZD Lowest Rate Compared To 3 Similar Currencies To Algerian Dinar (DZD)
  6. AED to DZD - Top 20 Monthly & Weekly Lowest Average Rates

Recommended Reading: AED/DZD highest rate report will help you look at the best performance of the currency pair in detail (for the same timeframe of analysis as this report).

1 AED/DZD Lowest Exchange Rate

The lowest rate for AED/DZD pair was 23.255501. The corresponding date was 2014-12-16. We will not just stop with mentioning the rate. Rather we will be using a common sense approach to assess the magnitude of the rate drop. The method is explained in the next paragraph.

We will begin by finding the year of occurrence of the lowest exchange rate. For that year, we will be computing the annual and monthly average rates. We will then compare both the averages against the lowest rate.

Below table lists the computed average rates as well as the difference between the lowest rate and the averages.

Duration Average Rate Lowest Rate Vs Averages
Year (2014)23.495764-1.02 %
Month (12-2014)23.545347-1.23 %

Below is a visual representation of the table you just saw. The below graph compares the average rates against the lowest rate of UAE Dirham (AED) - Algerian Dinar (DZD).

UAE Dirham (AED) - Algerian Dinar (DZD) Lowest Rate

Below table shows daily rates on lowest month:

DateCloseOne-day Gain (%)Rate-Change From Past Day
1st December 201423.2664-0.019001 (-0.08 %)
2nd December 201423.31070.071499 (0.31 %)0.0443 (0.19 %)
3rd December 201423.48730.138500 (0.59 %)0.1766 (0.76 %)
4th December 201423.4819-0.032600 (-0.14 %)-0.0054 (-0.02 %)
5th December 201423.57340.115900 (0.49 %)0.0915 (0.39 %)
6th December 201423.53-0.043400 (-0.18 %)-0.0434 (-0.18 %)
7th December 201423.57340.029900 (0.13 %)0.0434 (0.18 %)
8th December 201423.5626-0.010801 (-0.05 %)-0.0108 (-0.05 %)
9th December 201423.4928-0.034401 (-0.15 %)-0.0698 (-0.3 %)
10th December 201423.4512-0.014399 (-0.06 %)-0.0416 (-0.18 %)
11th December 201423.4257-0.030901 (-0.13 %)-0.0255 (-0.11 %)
12th December 201423.3849-0.040800 (-0.17 %)-0.0408 (-0.17 %)
14th December 201423.41040.000000 (0.00 %)0.0255 (0.11 %)
15th December 201423.3868-0.023600 (-0.10 %)-0.0236 (-0.1 %)
16th December 201423.2555-0.133999 (-0.57 %)-0.1313 (-0.56 %)
17th December 201423.29710.047001 (0.20 %)0.0416 (0.18 %)
18th December 201423.29630.023602 (0.10 %)-0.000800000000002 (-0 %)
19th December 201423.61510.343302 (1.48 %)0.3188 (1.37 %)
20th December 201423.5996-0.046200 (-0.20 %)-0.0155 (-0.07 %)
21st December 201423.61510.000000 (0.00 %)0.0155 (0.07 %)
22nd December 201423.65180.036699 (0.16 %)0.0367 (0.16 %)
23rd December 201423.71560.143999 (0.61 %)0.0638 (0.27 %)
24th December 201423.78220.073400 (0.31 %)0.0666 (0.28 %)
25th December 201423.6649-0.117300 (-0.49 %)-0.1173 (-0.49 %)
26th December 201423.6649-0.118200 (-0.50 %)0 (0 %)
27th December 201423.6649-0.127701 (-0.54 %)0 (0 %)
28th December 201423.78220.063900 (0.27 %)0.1173 (0.5 %)
29th December 201423.7990.016800 (0.07 %)0.0168 (0.07 %)
30th December 201423.79170.044300 (0.19 %)-0.0073 (-0.03 %)
31st December 201423.8270.040699 (0.17 %)0.0353 (0.15 %)

2 1-Week, 1-Month and 1-Year Losses During AED/DZD Lowest Rate

Someone who invested in Algerian Dinar (DZD) using UAE Dirham (AED) before the lowest rate day is bound to lose if he sold on that day. This section compares the losses one could have made by investing 1 week, 1 month and 1 year before the lowest exchange rate day.

Note: In case you see NA (Not Applicable) values in the below table that denotes a lack of data for the corresponding time range. For example, assume that the lowest rate was during the first week of the range of data used for this report. Then we will not be able to compute the value for someone who invested 1 year before.

Below table and graph represent the losses by investing in AED/DZD pair (subject to data availability) for 1 week, 1 month and 1 year before 2014-12-16.

Days Before Lowest CloseClose (Rate)Losses(%)
1 Week 2014-12-0923.4928-1.01 %
1 Month NANANA
1 Year NANANA
UAE Dirham (AED)-Algerian Dinar (DZD) Stock Losses - Week, Month, Year

Subject to data availability, below table summarizes the impact on a 1000 DZD invested in AED 1 week, 1 month and 1 year before the lowest close rate date.

Days Before Lowest RateLosses(%)What happens to 1000 DZD invested?
1 Week -1.01 %989.9

3 Loss At Lowest Rate If You Had Bought AED At Previous Highest Rate

Buying at high and selling when low is worst case scenario for any Forex investor. This section helps you assess the potential damage for an investor who invested in AED/DZD during the highest rate day that occurred before the lowest rate day of 2014-12-16.

Previous Highest Rate DateClose (Rate)Lowest Close RateLosses(%)
2014-12-0723.573423.255501-1.35 %

Above table has shown the losses in percentage. Now let us check the impact on a 1000 DZD invested. As per the loss percentage shown in the above table, the 1000 DZD would have become 986.5.

4 AED/DZD Lowest Rate Compared To 3 Of The Strongest Currencies

Now let us compare the lowest rate of AED/DZD pair with three others formed by 3 of the strongest currencies against AED. In other words, we will be analyzing 3 pairs with the selected strong currencies as quote currencies (denoted after the slash symbol.)

To pick the strongest currencies we follow a simple method. We just check those pairs with UAE Dirham (AED) as base currency (before slash symbol) which have exchange rates among the lowest for the recent 12 month period ending 2018-10-01. The corresponding quote currencies are among the strongest ones.

AED-DZD Lowest Rate Vs Strong Currencies

Now we are going to analyze the potential impact of the lowest rate on investments. There is no straightforward way to do it. However, we are going to do a simple analysis that will give you an idea of the potential losses. We are going to measure and compare the differences between the lowest rates and the average rates for the recent 12 month period between 2017-10-01 and 2018-10-01.

Recommended Reading: Have a look at the similar section in the AED/DZD highest rate report to learn more in detail about this method.

CurrencyPairLowest RateAvg RateLowest Vs Avg. Rates (%)Difference (%)
Algerian DinarAED/DZD30.63520131.401222-2.44-
Kuwaiti DinarAED/KWD0.0815000.082265-0.931.51
Bahraini DinarAED/BHD0.1022000.102476-0.272.17
Rial OmaniAED/OMR0.1040000.104258-0.252.19

5 AED/DZD Lowest Rate Compared To 3 Similar Currencies To AED

In this section we are going to compare the performance ofAED/DZD against similar rate pairs but with AED as the base currency. In other words, the currency invested in will be the same in all the pairs under consideration. The range of observation is between 2014-12-01 and 2018-10-01

Below chart displays the lowest rates of DZD as well as 3 other similar currencies against AED.

AED to DZD Lowest Rate Alossest Similar Currencies

Below table lists the lowest rates of the currency pairs and a simple comparison. The final column shows the percentage difference between the lowest rates.

Note: A negative difference (last column value) for a currency pair indicates that the pair had lesser magnitude lowest rate than AED/AED.

CurrencyPairLowest RateDifference (%)
Algerian DinarAED/DZD23.207500-
Pakistan RupeeAED/PKR27.05100116.56
Serbian DinarAED/RSD25.73730110.9
VatuAED/VUV26.56259914.46

6 AED to DZD - Top 20 Monthly & Weekly Lowest Average Rates

This sections displays the monthly and weekly average lowest rates for the currency pair - AED/DZD.

Top 20 Month-wise Lowest Avg. Rates:

Month-YearAvg. Rate Highest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
December-201423.54534723.827000 (0.281653)23.255501 (-0.289846)
January-201524.12232125.108801 (0.98648)23.738199 (-0.384122)
February-201525.43404825.650600 (0.216552)25.070700 (-0.363348)
April-201526.55631426.826200 (0.269886)26.278200 (-0.278114)
March-201526.14555926.456200 (0.310641)25.604300 (-0.541259)
June-201526.71600827.122601 (0.406593)26.509199 (-0.206809)
July-201526.98028627.170900 (0.190614)26.792200 (-0.188086)
May-201526.67642527.022800 (0.346375)26.277201 (-0.399224)
September-201528.72060028.875601 (0.155001)28.523300 (-0.1973)
August-201528.06127328.772900 (0.711627)26.840700 (-1.220573)
October-201528.69164628.967699 (0.276053)28.093500 (-0.598146)
December-201529.08051729.369900 (0.289383)28.928801 (-0.151716)
January-201629.11055029.282101 (0.171551)29.027500 (-0.08305)
June-201729.38964629.485100 (0.095454)29.259300 (-0.130346)
March-201629.68515629.955799 (0.270643)29.366899 (-0.318257)
July-201729.47390429.649799 (0.175895)29.258801 (-0.215103)
May-201729.53205529.705299 (0.173244)29.370701 (-0.161354)
November-201529.20991629.421000 (0.211084)28.886999 (-0.322917)
February-201628.86321929.458799 (0.59558)28.586100 (-0.277119)
April-201629.44438329.664801 (0.220418)29.257099 (-0.187284)

Top 20 Weekly Lowest Avg. Rates:

Week-YearAvg. RateHighest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
Week 49-201423.48176623.573400 (0.091634)23.384899 (-0.096867)
Week 48-201423.44161723.573400 (0.131783)23.266399 (-0.175218)
Week 50-201423.40868623.615101 (0.206415)23.255501 (-0.153185)
Week 51-201423.67991423.782200 (0.102286)23.615101 (-0.064813)
Week 0-201523.79870023.834400 (0.0357)23.770000 (-0.0287)
Week 52-201423.79997523.827000 (0.027025)23.782200 (-0.017775)
Week 1-201523.83370023.927601 (0.093901)23.780800 (-0.0529)
Week 2-201523.82644323.972900 (0.146457)23.738199 (-0.088244)
Week 3-201524.08586724.813900 (0.728033)23.895000 (-0.190867)
Week 4-201525.00250025.108801 (0.106301)24.813900 (-0.1886)
Week 5-201525.17130025.237400 (0.0661)25.070700 (-0.1006)
Week 6-201525.41975725.540001 (0.120244)25.213900 (-0.205857)
Week 8-201525.61934325.650600 (0.031257)25.604300 (-0.015043)
Week 7-201525.54108325.620600 (0.079517)25.479300 (-0.061783)
Week 9-201525.79831725.990200 (0.191883)25.604300 (-0.194017)
Week 11-201526.34415026.440300 (0.09615)26.205200 (-0.13895)
Week 13-201526.35667126.456200 (0.099529)26.278200 (-0.078471)
Week 12-201526.11001726.305700 (0.195683)25.942600 (-0.167417)
Week 17-201526.43486726.565300 (0.130433)26.330000 (-0.104867)
Week 10-201526.21556726.372000 (0.156433)25.989201 (-0.226366)

Conclusion:

Hopefully, the report will help you in your forex investing

Recommended Reading: Learning the best and worst performances is just a part of the analysis. For a big picture, we strongly recommend you to go through the chart history of AED-DZD. We have applied a simple technique to smooth out the volatility in the graphs so that you can understand the entire analysis better.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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