YEARLY HIGH
21.3207 BIF
YEARLY LOW
15.0150 BIF
YEARLY AVERAGE
18.7294 BIF

2023 DZD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 21.3207. Conversely, the yearly low was recorded on January 5, dropping to 15.0150.

This high-to-low spread represents a total annual volatility of 6.3057 BIF. From a start-to-finish perspective, comparing the January average rate of 15.1688 to the December average rate of 21.1927, the exchange rate registered a net change of 39.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.3207 was up 40.84% compared to the 2022 peak of 15.1383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106,603 BIF
2022 Average 71,873 BIF
Yearly Trough Low 75,075 BIF
Transaction Impact: A difference of 31,528.45 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.7951
14.5664
JanuMarcMayJulySeptNove

DZD to BIF 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 16.5596, compared to 20.8993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3397 points.

H1 Avg (Jan–Jun) 16.5596
H2 Avg (Jul–Dec) 20.8993

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 5.4381 BIF (High: 20.7186 / Low: 15.2805). On the other end, April was the most stable month, with a tight range of 0.1432 BIF (High: 15.4091 / Low: 15.2659).

May Spread (Volatile) ±5.4381
April Spread (Stable) ±0.1432

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1486 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1486

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.1927) against the same month in 2022 (average: 15.0144), the exchange rate shifted by +6.1783 (+41.15%).

2023 Avg (December) 21.1927
2022 Avg (December) 15.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.2860 15.0150 15.1688
February 15.3354 15.0832 15.1924
March 15.3520 15.1418 15.2535
April 15.4091 15.2659 15.3512
May 20.7186 15.2805 17.5755
June 21.0093 20.6564 20.8163
July 21.1267 20.6706 20.9342
August 20.9219 20.6828 20.8228
September 20.7889 20.5665 20.6742
October 20.8943 20.5120 20.6706
November 21.2647 20.7954 21.1012
December 21.3207 21.0895 21.1927