YEARLY HIGH
69.0122 DZD
YEARLY LOW
66.9050 DZD
YEARLY AVERAGE
67.9690 DZD

2023 BBD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 69.0122. Conversely, the yearly low was recorded on November 14, dropping to 66.9050.

This high-to-low spread represents a total annual volatility of 2.1073 DZD. From a start-to-finish perspective, comparing the January average rate of 68.1981 to the December average rate of 67.2579, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 69.0122 was down 6.34% compared to the 2022 peak of 73.6799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 345,061 DZD
2022 Average 355,312 DZD
Yearly Trough Low 334,525 DZD
Transaction Impact: A difference of 10,536.34 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

68.7968
67.1180
JanuMarcMayJulySeptNove

BBD 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 68.0344, compared to 67.9037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1307 points.

H1 Avg (Jan–Jun) 68.0344
H2 Avg (Jul–Dec) 67.9037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.1410 DZD (High: 68.9054 / Low: 67.7644). On the other end, December was the most stable month, with a tight range of 0.3762 DZD (High: 67.4515 / Low: 67.0753).

January Spread (Volatile) ±1.1410
December Spread (Stable) ±0.3762

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 1.3707 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 68.6569) against the same month in 2022 (average: 70.2162), the exchange rate shifted by -1.5593 (-2.22%).

2023 Avg (October) 68.6569
2022 Avg (October) 70.2162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 68.9054 67.7644 68.1981
February 68.5558 67.5754 68.2325
March 68.4560 67.5439 68.0584
April 68.1880 67.2118 67.7253
May 68.4289 67.6115 68.0333
June 68.3987 67.5890 67.9588
July 67.9638 67.0952 67.5820
August 68.4415 67.7698 68.0529
September 68.8511 68.3517 68.5860
October 69.0122 67.9388 68.6569
November 67.9603 66.9050 67.2862
December 67.4515 67.0753 67.2579