YEARLY HIGH
2.6962 KZT
YEARLY LOW
2.4243 KZT
YEARLY AVERAGE
2.5666 KZT

2023 DJF to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 2.6962. Conversely, the yearly low was recorded on March 5, dropping to 2.4243.

This high-to-low spread represents a total annual volatility of 0.2719 KZT. From a start-to-finish perspective, comparing the January average rate of 2.6024 to the December average rate of 2.5782, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6962 was down 8.57% compared to the 2022 peak of 2.9487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,481 KZT
2022 Average 12,968 KZT
Yearly Trough Low 12,121 KZT
Transaction Impact: A difference of 1,359.47 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6960
2.4879
JanuMarcMayJulySeptNove

DJF to KZT 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 2.5417, compared to 2.5915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0498 points.

H1 Avg (Jan–Jun) 2.5417
H2 Avg (Jul–Dec) 2.5915

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1892 KZT (High: 2.6134 / Low: 2.4243). On the other end, January was the most stable month, with a tight range of 0.0382 KZT (High: 2.6213 / Low: 2.5831).

March Spread (Volatile) ±0.1892
January Spread (Stable) ±0.0382

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 0.0713 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.6786) against the same month in 2022 (average: 2.6567), the exchange rate shifted by +0.0220 (+0.83%).

2023 Avg (October) 2.6786
2022 Avg (October) 2.6567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6213 2.5831 2.6024
February 2.5921 2.5020 2.5367
March 2.6134 2.4243 2.5401
April 2.5742 2.5014 2.5423
May 2.5353 2.4856 2.5083
June 2.5577 2.4953 2.5207
July 2.5393 2.4886 2.5052
August 2.6114 2.4865 2.5472
September 2.6939 2.5733 2.6324
October 2.6962 2.6349 2.6786
November 2.6386 2.5718 2.6073
December 2.5981 2.5533 2.5782