2023 DZD to CVE Historical Review

YEARLY HIGH

0.7748 CVE

YEARLY LOW

0.7293 CVE

YEARLY AVERAGE

0.7510 CVE

2023 DZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.7748. Conversely, the yearly low was recorded on July 18, dropping to 0.7293.

This high-to-low spread represents a total annual volatility of 0.0455 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7514 to the December average rate of 0.7521, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7748 was down 6.86% compared to the 2022 peak of 0.8319, 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 3,874 CVE

2022 Average 3,699 CVE

Yearly Trough Low 3,646 CVE

Transaction Impact: A difference of 227.58 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7631

0.7363

JanuMarcMayJulySeptNove

DZD to CVE 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 0.7509, compared to 0.7512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.7509

H2 Avg (Jul–Dec) 0.7512

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0282 CVE (High: 0.7694 / Low: 0.7412). On the other end, August was the most stable month, with a tight range of 0.0116 CVE (High: 0.7489 / Low: 0.7373).

December Spread (Volatile) ±0.0282

August Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0138 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7598) against the same month in 2022 (average: 0.7804), the exchange rate shifted by -0.0206 (-2.64%).

2023 Avg (November) 0.7598

2022 Avg (November) 0.7804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7642	0.7449	0.7514
February	0.7637	0.7465	0.7553
March	0.7650	0.7454	0.7572
April	0.7493	0.7345	0.7434
May	0.7555	0.7398	0.7471
June	0.7698	0.7429	0.7507
July	0.7496	0.7293	0.7386
August	0.7489	0.7373	0.7429
September	0.7622	0.7435	0.7529
October	0.7717	0.7549	0.7609
November	0.7748	0.7488	0.7598
December	0.7694	0.7412	0.7521