YEARLY HIGH
103.0924 DZD
YEARLY LOW
97.5271 DZD
YEARLY AVERAGE
100.7029 DZD

2023 CAD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 103.0924. Conversely, the yearly low was recorded on November 11, dropping to 97.5271.

This high-to-low spread represents a total annual volatility of 5.5653 DZD. From a start-to-finish perspective, comparing the January average rate of 101.6361 to the December average rate of 100.3122, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 103.0924 was down 11.38% compared to the 2022 peak of 116.3370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 515,462 DZD
2022 Average 546,472 DZD
Yearly Trough Low 487,635 DZD
Transaction Impact: A difference of 27,826.48 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

102.6996
97.7659
JanuMarcMayJulySeptNove

CAD 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 100.9126, compared to 100.4932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4194 points.

H1 Avg (Jan–Jun) 100.9126
H2 Avg (Jul–Dec) 100.4932

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 3.4028 DZD (High: 101.3060 / Low: 97.9032). On the other end, July was the most stable month, with a tight range of 1.3186 DZD (High: 102.7436 / Low: 101.4250).

October Spread (Volatile) ±3.4028
July Spread (Stable) ±1.3186

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 2.0509 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 102.2884) against the same month in 2022 (average: 113.9121), the exchange rate shifted by -11.6237 (-10.20%).

2023 Avg (June) 102.2884
2022 Avg (June) 113.9121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 102.1861 100.6588 101.6361
February 102.5129 99.9791 101.4057
March 100.5198 98.0923 99.3548
April 101.4606 99.0597 100.2127
May 101.4439 99.3175 100.5777
June 103.0924 101.5175 102.2884
July 102.7436 101.4250 102.1646
August 102.2066 100.1585 100.9348
September 102.2594 100.2995 101.2334
October 101.3060 97.9032 100.1371
November 99.3272 97.5271 98.1771
December 101.7456 98.9110 100.3122