YEARLY HIGH
0.0584 HKD
YEARLY LOW
0.0567 HKD
YEARLY AVERAGE
0.0576 HKD

2023 DZD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0584. Conversely, the yearly low was recorded on January 5, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0017 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0573 to the December average rate of 0.0581, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0584 was up 2.53% compared to the 2022 peak of 0.0570, 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 292 HKD
2022 Average 276 HKD
Yearly Trough Low 283 HKD
Transaction Impact: A difference of 8.49 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0582
0.0569
JanuMarcMayJulySeptNove

DZD to HKD 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 0.0576, compared to 0.0576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0576
H2 Avg (Jul–Dec) 0.0576

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 HKD (High: 0.0578 / Low: 0.0567). On the other end, December was the most stable month, with a tight range of 0.0003 HKD (High: 0.0582 / Low: 0.0579).

January Spread (Volatile) ±0.0011
December Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0580) against the same month in 2022 (average: 0.0546), the exchange rate shifted by +0.0034 (+6.21%).

2023 Avg (April) 0.0580
2022 Avg (April) 0.0546

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0578 0.0567 0.0573
February 0.0581 0.0572 0.0575
March 0.0581 0.0573 0.0577
April 0.0584 0.0576 0.0580
May 0.0581 0.0572 0.0576
June 0.0579 0.0573 0.0576
July 0.0582 0.0574 0.0578
August 0.0577 0.0573 0.0575
September 0.0574 0.0568 0.0571
October 0.0576 0.0567 0.0570
November 0.0583 0.0576 0.0580
December 0.0582 0.0579 0.0581