2023 DZD to MAD Historical Review

YEARLY HIGH

0.0766 MAD

YEARLY LOW

0.0713 MAD

YEARLY AVERAGE

0.0745 MAD

2023 DZD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.0766. Conversely, the yearly low was recorded on August 5, dropping to 0.0713.

This high-to-low spread represents a total annual volatility of 0.0053 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0750 to the December average rate of 0.0746, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0766 was down 2.65% compared to the 2022 peak of 0.0787, 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 383 MAD

2022 Average 358 MAD

Yearly Trough Low 356 MAD

Transaction Impact: A difference of 26.50 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0763

0.0717

JanuMarcMayJulySeptNove

DZD to MAD 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 0.0749, compared to 0.0741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0749

H2 Avg (Jul–Dec) 0.0741

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0031 MAD (High: 0.0744 / Low: 0.0713). On the other end, September was the most stable month, with a tight range of 0.0013 MAD (High: 0.0751 / Low: 0.0739).

August Spread (Volatile) ±0.0031

September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and November, 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 June and July, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0759) against the same month in 2022 (average: 0.0682), the exchange rate shifted by +0.0076 (+11.18%).

2023 Avg (March) 0.0759

2022 Avg (March) 0.0682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0764	0.0737	0.0750
February	0.0762	0.0749	0.0755
March	0.0766	0.0752	0.0759
April	0.0754	0.0731	0.0748
May	0.0750	0.0732	0.0743
June	0.0748	0.0729	0.0739
July	0.0729	0.0713	0.0720
August	0.0744	0.0713	0.0727
September	0.0751	0.0739	0.0746
October	0.0757	0.0740	0.0748
November	0.0761	0.0748	0.0755
December	0.0757	0.0733	0.0746