2023 CAD to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |