2023 DZD to ISK Historical Review

YEARLY HIGH

1.0681 ISK

YEARLY LOW

0.9558 ISK

YEARLY AVERAGE

1.0145 ISK

2023 DZD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1.0681. Conversely, the yearly low was recorded on August 29, dropping to 0.9558.

This high-to-low spread represents a total annual volatility of 0.1123 ISK. From a start-to-finish perspective, comparing the January average rate of 1.0477 to the December average rate of 1.0248, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0681 was up 0.94% compared to the 2022 peak of 1.0581, 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 5,341 ISK

2022 Average 4,764 ISK

Yearly Trough Low 4,779 ISK

Transaction Impact: A difference of 561.51 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0564

0.9606

JanuMarcMayJulySeptNove

DZD to ISK 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 1.0273, compared to 1.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 1.0273

H2 Avg (Jul–Dec) 1.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0476 ISK (High: 1.0681 / Low: 1.0205). On the other end, August was the most stable month, with a tight range of 0.0187 ISK (High: 0.9745 / Low: 0.9558).

November Spread (Volatile) ±0.0476

August Spread (Stable) ±0.0187

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0325 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0325

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.0394) against the same month in 2022 (average: 1.0351), the exchange rate shifted by +0.0043 (+0.42%).

2023 Avg (November) 1.0394

2022 Avg (November) 1.0351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0615	1.0324	1.0477
February	1.0595	1.0284	1.0484
March	1.0430	1.0019	1.0279
April	1.0158	0.9967	1.0077
May	1.0319	1.0017	1.0176
June	1.0346	0.9933	1.0143
July	1.0104	0.9679	0.9817
August	0.9745	0.9558	0.9686
September	1.0031	0.9647	0.9865
October	1.0262	0.9960	1.0094
November	1.0681	1.0205	1.0394
December	1.0397	1.0099	1.0248