2023 CNY to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CNY to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CNY to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 20.3572. Conversely, the yearly low was recorded on November 14, dropping to 18.4487.
This high-to-low spread represents a total annual volatility of 1.9085 DZD. From a start-to-finish perspective, comparing the January average rate of 20.0837 to the December average rate of 18.8972, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 20.3572 was down 10.02% compared to the 2022 peak of 22.6236, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CNY 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 19.6519, compared to 18.8118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8401 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.6425 DZD (High: 19.2144 / Low: 18.5719). On the other end, September was the most stable month, with a tight range of 0.2606 DZD (High: 18.9315 / Low: 18.6708).
Growth Streaks & Declines
TrendsBetween August and October, 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 May and June, when the average rate fell by 0.4720 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 20.0837) against the same month in 2022 (average: 21.9883), the exchange rate shifted by -1.9046 (-8.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.3572 | 19.8864 | 20.0837 |
| February | 20.1207 | 19.6451 | 19.9411 |
| March | 19.9201 | 19.6143 | 19.7481 |
| April | 19.8160 | 19.4476 | 19.6685 |
| May | 19.6261 | 19.2438 | 19.4711 |
| June | 19.2512 | 18.6920 | 18.9991 |
| July | 19.0806 | 18.5926 | 18.8080 |
| August | 19.0014 | 18.6310 | 18.8004 |
| September | 18.9315 | 18.6708 | 18.8094 |
| October | 19.2144 | 18.5719 | 18.8767 |
| November | 19.0051 | 18.4487 | 18.6792 |
| December | 19.0762 | 18.7531 | 18.8972 |