YEARLY HIGH
0.5026 GMD
YEARLY LOW
0.4349 GMD
YEARLY AVERAGE
0.4583 GMD

2023 DZD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.5026. Conversely, the yearly low was recorded on June 6, dropping to 0.4349.

This high-to-low spread represents a total annual volatility of 0.0677 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4548 to the December average rate of 0.5007, the exchange rate registered a net change of 10.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5026 was up 11.02% compared to the 2022 peak of 0.4527, 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 2,513 GMD
2022 Average 1,951 GMD
Yearly Trough Low 2,174 GMD
Transaction Impact: A difference of 338.51 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5070
0.4313
JanuMarcMayJulySeptNove

DZD to GMD 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 0.4478, compared to 0.4688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0209 points.

H1 Avg (Jan–Jun) 0.4478
H2 Avg (Jul–Dec) 0.4688

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0333 GMD (High: 0.4734 / Low: 0.4401). On the other end, August was the most stable month, with a tight range of 0.0028 GMD (High: 0.4469 / Low: 0.4441).

September Spread (Volatile) ±0.0333
August Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between June and December, 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 April and May, when the average rate fell by 0.0173 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4971) against the same month in 2022 (average: 0.4395), the exchange rate shifted by +0.0576 (+13.10%).

2023 Avg (November) 0.4971
2022 Avg (November) 0.4395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4595 0.4496 0.4548
February 0.4545 0.4456 0.4477
March 0.4586 0.4466 0.4510
April 0.4622 0.4426 0.4566
May 0.4452 0.4353 0.4393
June 0.4402 0.4349 0.4376
July 0.4445 0.4382 0.4413
August 0.4469 0.4441 0.4451
September 0.4734 0.4401 0.4506
October 0.4840 0.4682 0.4779
November 0.5026 0.4786 0.4971
December 0.5022 0.4973 0.5007