YEARLY HIGH
0.0586 GTQ
YEARLY LOW
0.0567 GTQ
YEARLY AVERAGE
0.0576 GTQ

2023 DZD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0586. Conversely, the yearly low was recorded on March 19, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0020 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.0575 to the December average rate of 0.0582, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0586 was up 1.91% compared to the 2022 peak of 0.0575, 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 293 GTQ
2022 Average 273 GTQ
Yearly Trough Low 283 GTQ
Transaction Impact: A difference of 9.78 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0583
0.0570
JanuMarcMayJulySeptNove

DZD to GTQ 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 0.0574, compared to 0.0578 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) 0.0574
H2 Avg (Jul–Dec) 0.0578

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0013 GTQ (High: 0.0581 / Low: 0.0568). On the other end, April was the most stable month, with a tight range of 0.0005 GTQ (High: 0.0577 / Low: 0.0572).

February Spread (Volatile) ±0.0013
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and July, 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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0582) against the same month in 2022 (average: 0.0572), the exchange rate shifted by +0.0011 (+1.86%).

2023 Avg (December) 0.0582
2022 Avg (December) 0.0572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0579 0.0570 0.0575
February 0.0581 0.0568 0.0574
March 0.0575 0.0567 0.0572
April 0.0577 0.0572 0.0575
May 0.0579 0.0570 0.0573
June 0.0580 0.0572 0.0576
July 0.0584 0.0574 0.0580
August 0.0581 0.0574 0.0577
September 0.0576 0.0571 0.0574
October 0.0577 0.0568 0.0571
November 0.0585 0.0576 0.0581
December 0.0586 0.0581 0.0582