2023 DZD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DZD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DZD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 64.8735. Conversely, the yearly low was recorded on October 7, dropping to 62.1197.
This high-to-low spread represents a total annual volatility of 2.7538 GNF. From a start-to-finish perspective, comparing the January average rate of 63.5405 to the December average rate of 63.9482, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 64.8735 was down 3.43% compared to the 2022 peak of 67.1775, 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 GNF 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 63.4476, compared to 63.3609 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0867 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.1519 GNF (High: 64.8735 / Low: 62.7217). On the other end, December was the most stable month, with a tight range of 0.4675 GNF (High: 64.1888 / Low: 63.7212).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5389 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 63.5405) against the same month in 2022 (average: 65.0940), the exchange rate shifted by -1.5535 (-2.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.8735 | 62.7217 | 63.5405 |
| February | 64.4650 | 62.3554 | 63.3519 |
| March | 64.5453 | 62.5539 | 63.4518 |
| April | 64.0253 | 63.2437 | 63.4935 |
| May | 64.0054 | 62.8029 | 63.3865 |
| June | 63.9897 | 62.9499 | 63.4613 |
| July | 64.1730 | 62.8723 | 63.6799 |
| August | 63.8552 | 62.7263 | 63.2681 |
| September | 63.0471 | 62.3182 | 62.7292 |
| October | 63.5170 | 62.1197 | 62.6356 |
| November | 64.5401 | 63.1821 | 63.9041 |
| December | 64.1888 | 63.7212 | 63.9482 |