YEARLY HIGH
0.0171 FJD
YEARLY LOW
0.0159 FJD
YEARLY AVERAGE
0.0164 FJD

2023 DZD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0171. Conversely, the yearly low was recorded on January 27, dropping to 0.0159.

This high-to-low spread represents a total annual volatility of 0.0013 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0165, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0171 was up 2.92% compared to the 2022 peak of 0.0166, 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 86 FJD
2022 Average 77 FJD
Yearly Trough Low 79 FJD
Transaction Impact: A difference of 6.31 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0169
0.0159
JanuMarcMayJulySeptNove

DZD to FJD 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 0.0162, compared to 0.0166 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) 0.0162
H2 Avg (Jul–Dec) 0.0166

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 FJD (High: 0.0171 / Low: 0.0166). On the other end, March was the most stable month, with a tight range of 0.0002 FJD (High: 0.0164 / Low: 0.0162).

November Spread (Volatile) ±0.0006
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0168) against the same month in 2022 (average: 0.0161), the exchange rate shifted by +0.0007 (+4.11%).

2023 Avg (November) 0.0168
2022 Avg (November) 0.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0162 0.0159 0.0160
February 0.0162 0.0159 0.0161
March 0.0164 0.0162 0.0163
April 0.0165 0.0162 0.0163
May 0.0165 0.0162 0.0164
June 0.0167 0.0162 0.0164
July 0.0166 0.0162 0.0164
August 0.0169 0.0163 0.0166
September 0.0167 0.0165 0.0166
October 0.0168 0.0164 0.0166
November 0.0171 0.0166 0.0168
December 0.0167 0.0163 0.0165