2023 BND to DZD Historical Review

YEARLY HIGH

103.6714 DZD

YEARLY LOW

98.3472 DZD

YEARLY AVERAGE

101.2643 DZD

2023 BND to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 103.6714. Conversely, the yearly low was recorded on November 14, dropping to 98.3472.

This high-to-low spread represents a total annual volatility of 5.3242 DZD. From a start-to-finish perspective, comparing the January average rate of 102.7925 to the December average rate of 100.9667, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 103.6714 was down 2.58% compared to the 2022 peak of 106.4221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 518,357 DZD

2022 Average 515,526 DZD

Yearly Trough Low 491,736 DZD

Transaction Impact: A difference of 26,621.20 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

103.0910

99.5084

JanuMarcMayJulySeptNove

BND 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 101.8859, compared to 100.6427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2432 points.

H1 Avg (Jan–Jun) 101.8859

H2 Avg (Jul–Dec) 100.6427

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.4978 DZD (High: 103.6714 / Low: 101.1736). On the other end, September was the most stable month, with a tight range of 1.0314 DZD (High: 101.2689 / Low: 100.2375).

February Spread (Volatile) ±2.4978

September Spread (Stable) ±1.0314

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8657 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 102.4646) against the same month in 2022 (average: 104.5062), the exchange rate shifted by -2.0416 (-1.95%).

2023 Avg (February) 102.4646

2022 Avg (February) 104.5062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.4740	101.6766	102.7925
February	103.6714	101.1736	102.4646
March	102.5202	100.7962	101.5989
April	102.4440	101.2064	101.8303
May	102.4151	100.9450	101.6286
June	101.5658	100.0080	101.0007
July	102.3507	100.0080	101.2883
August	101.6785	100.0351	100.7811
September	101.2689	100.2375	100.6894
October	100.9598	99.3562	100.3240
November	100.8224	98.3472	99.8069
December	101.8034	100.1048	100.9667