YEARLY HIGH
0.0518 BOB
YEARLY LOW
0.0500 BOB
YEARLY AVERAGE
0.0508 BOB

2023 DZD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0518. Conversely, the yearly low was recorded on October 7, dropping to 0.0500.

This high-to-low spread represents a total annual volatility of 0.0018 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0507 to the December average rate of 0.0514, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0518 was up 2.52% compared to the 2022 peak of 0.0505, 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 259 BOB
2022 Average 243 BOB
Yearly Trough Low 250 BOB
Transaction Impact: A difference of 8.89 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0515
0.0502
JanuMarcMayJulySeptNove

DZD to BOB 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 0.0508, compared to 0.0509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0508
H2 Avg (Jul–Dec) 0.0509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 BOB (High: 0.0512 / Low: 0.0502). On the other end, September was the most stable month, with a tight range of 0.0004 BOB (High: 0.0506 / Low: 0.0501).

February Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, 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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0514) against the same month in 2022 (average: 0.0502), the exchange rate shifted by +0.0012 (+2.42%).

2023 Avg (December) 0.0514
2022 Avg (December) 0.0502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0510 0.0502 0.0507
February 0.0512 0.0502 0.0506
March 0.0511 0.0502 0.0507
April 0.0514 0.0507 0.0510
May 0.0511 0.0505 0.0508
June 0.0511 0.0505 0.0508
July 0.0515 0.0505 0.0511
August 0.0510 0.0505 0.0508
September 0.0506 0.0501 0.0504
October 0.0508 0.0500 0.0503
November 0.0516 0.0508 0.0513
December 0.0518 0.0512 0.0514