YEARLY HIGH
0.0103 CAD
YEARLY LOW
0.0097 CAD
YEARLY AVERAGE
0.0099 CAD

2023 DZD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.0103. Conversely, the yearly low was recorded on June 26, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0006 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0098 to the December average rate of 0.0100, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0103 was up 2.48% compared to the 2022 peak of 0.0100, 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 51 CAD
2022 Average 46 CAD
Yearly Trough Low 49 CAD
Transaction Impact: A difference of 2.77 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0102
0.0097
JanuMarcMayJulySeptNove

DZD to CAD 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 0.0099, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0099
H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0003 CAD (High: 0.0102 / Low: 0.0099). On the other end, July was the most stable month, with a tight range of 0.0001 CAD (High: 0.0099 / Low: 0.0097).

October Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0102) against the same month in 2022 (average: 0.0096), the exchange rate shifted by +0.0005 (+5.59%).

2023 Avg (November) 0.0102
2022 Avg (November) 0.0096

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0099 0.0098 0.0098
February 0.0100 0.0098 0.0099
March 0.0102 0.0099 0.0101
April 0.0101 0.0099 0.0100
May 0.0101 0.0099 0.0099
June 0.0099 0.0097 0.0098
July 0.0099 0.0097 0.0098
August 0.0100 0.0098 0.0099
September 0.0100 0.0098 0.0099
October 0.0102 0.0099 0.0100
November 0.0103 0.0101 0.0102
December 0.0101 0.0098 0.0100