2023 BIF to DZD Historical Review

YEARLY HIGH

0.0666 DZD

YEARLY LOW

0.0469 DZD

YEARLY AVERAGE

0.0546 DZD

2023 BIF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0666. Conversely, the yearly low was recorded on December 28, dropping to 0.0469.

This high-to-low spread represents a total annual volatility of 0.0197 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0659 to the December average rate of 0.0472, the exchange rate registered a net change of -28.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0666 was down 8.01% compared to the 2022 peak of 0.0724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 333 DZD

2022 Average 348 DZD

Yearly Trough Low 235 DZD

Transaction Impact: A difference of 98.49 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0678

0.0453

JanuMarcMayJulySeptNove

BIF 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 0.0614, compared to 0.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.0614

H2 Avg (Jul–Dec) 0.0479

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0172 DZD (High: 0.0654 / Low: 0.0483). On the other end, December was the most stable month, with a tight range of 0.0005 DZD (High: 0.0474 / Low: 0.0469).

May Spread (Volatile) ±0.0172

December Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0101 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0659) against the same month in 2022 (average: 0.0698), the exchange rate shifted by -0.0039 (-5.54%).

2023 Avg (January) 0.0659

2022 Avg (January) 0.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0666	0.0654	0.0659
February	0.0663	0.0652	0.0658
March	0.0660	0.0651	0.0656
April	0.0655	0.0649	0.0651
May	0.0654	0.0483	0.0581
June	0.0484	0.0476	0.0480
July	0.0484	0.0473	0.0478
August	0.0483	0.0478	0.0480
September	0.0486	0.0481	0.0484
October	0.0488	0.0479	0.0484
November	0.0481	0.0470	0.0474
December	0.0474	0.0469	0.0472