2023 DZD to MGA Historical Review

YEARLY HIGH

34.4038 MGA

YEARLY LOW

31.2441 MGA

YEARLY AVERAGE

32.7368 MGA

2023 DZD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 34.4038. Conversely, the yearly low was recorded on February 19, dropping to 31.2441.

This high-to-low spread represents a total annual volatility of 3.1597 MGA. From a start-to-finish perspective, comparing the January average rate of 32.2469 to the December average rate of 34.0664, the exchange rate registered a net change of 5.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.4038 was up 5.35% compared to the 2022 peak of 32.6580, 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 172,019 MGA

2022 Average 145,390 MGA

Yearly Trough Low 156,221 MGA

Transaction Impact: A difference of 15,798.27 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.3234

31.2396

JanuMarcMayJulySeptNove

DZD to MGA 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 32.1678, compared to 33.3059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1381 points.

H1 Avg (Jan–Jun) 32.1678

H2 Avg (Jul–Dec) 33.3059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.8921 MGA (High: 33.2954 / Low: 31.4032). On the other end, May was the most stable month, with a tight range of 0.4797 MGA (High: 32.6313 / Low: 32.1516).

January Spread (Volatile) ±1.8921

May Spread (Stable) ±0.4797

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7503 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 34.0664) against the same month in 2022 (average: 32.1123), the exchange rate shifted by +1.9541 (+6.09%).

2023 Avg (December) 34.0664

2022 Avg (December) 32.1123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.2954	31.4032	32.2469
February	31.8061	31.2441	31.4966
March	32.1071	31.3331	31.6648
April	32.6363	31.8747	32.3197
May	32.6313	32.1516	32.3484
June	33.5145	32.2031	32.9303
July	33.6449	32.7821	33.2967
August	33.2979	32.7401	33.0746
September	33.1797	32.6398	32.8761
October	33.3257	32.7119	32.9757
November	33.8031	33.2281	33.5459
December	34.4038	33.3578	34.0664