2023 DZD to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DZD to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DZD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 10.8697. Conversely, the yearly low was recorded on October 7, dropping to 9.4781.
This high-to-low spread represents a total annual volatility of 1.3917 IQD. From a start-to-finish perspective, comparing the January average rate of 10.7021 to the December average rate of 9.7437, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 10.8697 was up 1.91% compared to the 2022 peak of 10.6665, 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 IQD 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 10.3587, compared to 9.6412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7175 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 1.2170 IQD (High: 10.7804 / Low: 9.5633). On the other end, September was the most stable month, with a tight range of 0.0827 IQD (High: 9.5864 / Low: 9.5037).
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 April and May, when the average rate fell by 1.0156 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 10.6973) against the same month in 2022 (average: 10.3723), the exchange rate shifted by +0.3250 (+3.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.7701 | 10.5979 | 10.7021 |
| February | 10.8697 | 10.5703 | 10.6973 |
| March | 10.7769 | 10.6015 | 10.7086 |
| April | 10.8686 | 9.7116 | 10.7120 |
| May | 10.7804 | 9.5633 | 9.6964 |
| June | 9.6909 | 9.5752 | 9.6356 |
| July | 9.7569 | 9.5790 | 9.6818 |
| August | 9.7192 | 9.5663 | 9.6226 |
| September | 9.5864 | 9.5037 | 9.5467 |
| October | 9.6397 | 9.4781 | 9.5342 |
| November | 9.7877 | 9.5921 | 9.7181 |
| December | 9.8038 | 9.7108 | 9.7437 |