2023 BOB to DZD Historical Review

YEARLY HIGH

20.0020 DZD

YEARLY LOW

19.3151 DZD

YEARLY AVERAGE

19.6793 DZD

2023 BOB to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 20.0020. Conversely, the yearly low was recorded on December 28, dropping to 19.3151.

This high-to-low spread represents a total annual volatility of 0.6869 DZD. From a start-to-finish perspective, comparing the January average rate of 19.7388 to the December average rate of 19.4450, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.0020 was down 6.83% compared to the 2022 peak of 21.4688, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,010 DZD

2022 Average 103,101 DZD

Yearly Trough Low 96,576 DZD

Transaction Impact: A difference of 3,434.36 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.9304

19.4008

JanuMarcMayJulySeptNove

BOB 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 19.6983, compared to 19.6604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 19.6983

H2 Avg (Jul–Dec) 19.6604

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3869 DZD (High: 19.9266 / Low: 19.5396). On the other end, September was the most stable month, with a tight range of 0.1716 DZD (High: 19.9420 / Low: 19.7704).

February Spread (Volatile) ±0.3869

September Spread (Stable) ±0.1716

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 0.3882 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 19.8863) against the same month in 2022 (average: 20.3194), the exchange rate shifted by -0.4331 (-2.13%).

2023 Avg (October) 19.8863

2022 Avg (October) 20.3194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.9319	19.6116	19.7388
February	19.9266	19.5396	19.7467
March	19.9234	19.5876	19.7260
April	19.7126	19.4548	19.6059
May	19.8150	19.5727	19.6994
June	19.7987	19.5619	19.6729
July	19.7904	19.4265	19.5794
August	19.8130	19.5978	19.6974
September	19.9420	19.7704	19.8560
October	20.0020	19.6683	19.8863
November	19.6816	19.3736	19.4981
December	19.5179	19.3151	19.4450