2023 BWP to DZD Historical Review

YEARLY HIGH

10.8024 DZD

YEARLY LOW

9.8230 DZD

YEARLY AVERAGE

10.1839 DZD

2023 BWP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 10.8024. Conversely, the yearly low was recorded on December 11, dropping to 9.8230.

This high-to-low spread represents a total annual volatility of 0.9794 DZD. From a start-to-finish perspective, comparing the January average rate of 10.6779 to the December average rate of 9.9601, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.8024 was down 13.77% compared to the 2022 peak of 12.5275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,012 DZD

2022 Average 57,613 DZD

Yearly Trough Low 49,115 DZD

Transaction Impact: A difference of 4,897.21 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.7499

9.8850

JanuMarcMayJulySeptNove

BWP 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 10.3237, compared to 10.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2797 points.

H1 Avg (Jan–Jun) 10.3237

H2 Avg (Jul–Dec) 10.0440

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.4404 DZD (High: 10.4359 / Low: 9.9955). On the other end, September was the most stable month, with a tight range of 0.1497 DZD (High: 10.1248 / Low: 9.9752).

July Spread (Volatile) ±0.4404

September Spread (Stable) ±0.1497

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2469 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.6779) against the same month in 2022 (average: 12.0389), the exchange rate shifted by -1.3610 (-11.31%).

2023 Avg (January) 10.6779

2022 Avg (January) 12.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8024	10.5617	10.6779
February	10.6714	10.2413	10.4309
March	10.4393	10.1805	10.2975
April	10.4401	10.2282	10.3207
May	10.2879	9.9262	10.1031
June	10.2486	9.8996	10.1122
July	10.4359	9.9955	10.2111
August	10.2639	9.9658	10.0870
September	10.1248	9.9752	10.0517
October	10.0827	9.9246	9.9971
November	10.0649	9.8260	9.9571
December	10.0561	9.8230	9.9601