2023 DKK to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DKK to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DKK to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 20.2909. Conversely, the yearly low was recorded on October 31, dropping to 19.2570.
This high-to-low spread represents a total annual volatility of 1.0339 DZD. From a start-to-finish perspective, comparing the January average rate of 19.7741 to the December average rate of 19.7014, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 20.2909 was down 6.21% compared to the 2022 peak of 21.6346, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DKK 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 19.7493, compared to 19.7140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0352 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.7054 DZD (High: 20.0644 / Low: 19.3590). On the other end, August was the most stable month, with a tight range of 0.2434 DZD (High: 20.0389 / Low: 19.7955).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 0.2835 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 20.0570) against the same month in 2022 (average: 20.0716), the exchange rate shifted by -0.0147 (-0.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.9220 | 19.4959 | 19.7741 |
| February | 20.0644 | 19.3590 | 19.6065 |
| March | 19.8462 | 19.3527 | 19.5717 |
| April | 20.0850 | 19.6979 | 19.9228 |
| May | 20.1116 | 19.6522 | 19.8401 |
| June | 19.9892 | 19.5792 | 19.7804 |
| July | 20.2909 | 19.8058 | 20.0570 |
| August | 20.0389 | 19.7955 | 19.9212 |
| September | 19.7925 | 19.3810 | 19.6377 |
| October | 19.6257 | 19.2570 | 19.4448 |
| November | 19.8098 | 19.2768 | 19.5219 |
| December | 20.0165 | 19.4123 | 19.7014 |