2023 DZD to ETB Historical Review

YEARLY HIGH

0.4205 ETB

YEARLY LOW

0.3893 ETB

YEARLY AVERAGE

0.4027 ETB

2023 DZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.4205. Conversely, the yearly low was recorded on January 5, dropping to 0.3893.

This high-to-low spread represents a total annual volatility of 0.0311 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3932 to the December average rate of 0.4175, the exchange rate registered a net change of 6.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4205 was up 7.49% compared to the 2022 peak of 0.3912, 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 2,102 ETB

2022 Average 1,828 ETB

Yearly Trough Low 1,947 ETB

Transaction Impact: A difference of 155.69 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4199

0.3908

JanuMarcMayJulySeptNove

DZD to ETB 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 0.3971, compared to 0.4083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.3971

H2 Avg (Jul–Dec) 0.4083

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0082 ETB (High: 0.4177 / Low: 0.4095). On the other end, September was the most stable month, with a tight range of 0.0034 ETB (High: 0.4046 / Low: 0.4012).

November Spread (Volatile) ±0.0082

September Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4175) against the same month in 2022 (average: 0.3889), the exchange rate shifted by +0.0286 (+7.36%).

2023 Avg (December) 0.4175

2022 Avg (December) 0.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3959	0.3893	0.3932
February	0.3972	0.3904	0.3936
March	0.3977	0.3911	0.3949
April	0.4027	0.3963	0.4000
May	0.4024	0.3971	0.3996
June	0.4047	0.3977	0.4016
July	0.4099	0.4020	0.4056
August	0.4072	0.4020	0.4047
September	0.4046	0.4012	0.4026
October	0.4103	0.4022	0.4050
November	0.4177	0.4095	0.4143
December	0.4205	0.4129	0.4175