2023 DZD to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DZD to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DZD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 20.7663. Conversely, the yearly low was recorded on January 7, dropping to 14.7618.
This high-to-low spread represents a total annual volatility of 6.0045 CDF. From a start-to-finish perspective, comparing the January average rate of 15.0210 to the December average rate of 20.2397, the exchange rate registered a net change of 34.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 20.7663 was up 38.24% compared to the 2022 peak of 15.0221, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DZD to CDF 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 15.6901, compared to 18.6745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9844 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 2.0565 CDF (High: 17.0773 / Low: 15.0209). On the other end, February was the most stable month, with a tight range of 0.2913 CDF (High: 15.2326 / Low: 14.9414).
Growth Streaks & Declines
TrendsBetween 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 0.0868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 20.2397) against the same month in 2022 (average: 14.8579), the exchange rate shifted by +5.3818 (+36.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.2716 | 14.7618 | 15.0210 |
| February | 15.2326 | 14.9414 | 15.1139 |
| March | 15.3808 | 14.9994 | 15.1928 |
| April | 16.1547 | 15.0648 | 15.3658 |
| May | 17.0773 | 15.0209 | 16.0814 |
| June | 17.7455 | 17.0113 | 17.3656 |
| July | 18.8767 | 17.7363 | 18.2677 |
| August | 18.3196 | 17.9573 | 18.1935 |
| September | 18.2677 | 17.9297 | 18.1067 |
| October | 19.0624 | 17.9574 | 18.3408 |
| November | 20.2203 | 18.1656 | 18.8984 |
| December | 20.7663 | 19.7923 | 20.2397 |