2023 DZD to ILS Historical Review

YEARLY HIGH

0.0298 ILS

YEARLY LOW

0.0248 ILS

YEARLY AVERAGE

0.0271 ILS

2023 DZD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0298. Conversely, the yearly low was recorded on January 23, dropping to 0.0248.

This high-to-low spread represents a total annual volatility of 0.0050 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0252 to the December average rate of 0.0272, the exchange rate registered a net change of 7.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0298 was up 15.70% compared to the 2022 peak of 0.0258, 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 149 ILS

2022 Average 118 ILS

Yearly Trough Low 124 ILS

Transaction Impact: A difference of 25.23 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0294

0.0249

JanuMarcMayJulySeptNove

DZD to ILS 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 0.0264, compared to 0.0278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0264

H2 Avg (Jul–Dec) 0.0278

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0021 ILS (High: 0.0295 / Low: 0.0274). On the other end, September was the most stable month, with a tight range of 0.0003 ILS (High: 0.0280 / Low: 0.0277).

November Spread (Volatile) ±0.0021

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0290) against the same month in 2022 (average: 0.0252), the exchange rate shifted by +0.0038 (+14.91%).

2023 Avg (October) 0.0290

2022 Avg (October) 0.0252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0258	0.0248	0.0252
February	0.0268	0.0250	0.0260
March	0.0270	0.0261	0.0266
April	0.0273	0.0264	0.0268
May	0.0273	0.0267	0.0270
June	0.0275	0.0261	0.0268
July	0.0275	0.0267	0.0271
August	0.0279	0.0268	0.0275
September	0.0280	0.0277	0.0278
October	0.0298	0.0277	0.0290
November	0.0295	0.0274	0.0283
December	0.0276	0.0268	0.0272