YEARLY HIGH
0.0603 MOP
YEARLY LOW
0.0584 MOP
YEARLY AVERAGE
0.0593 MOP

2023 DZD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0603. Conversely, the yearly low was recorded on October 7, dropping to 0.0584.

This high-to-low spread represents a total annual volatility of 0.0020 MOP. From a start-to-finish perspective, comparing the January average rate of 0.0591 to the December average rate of 0.0599, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0603 was up 2.97% compared to the 2022 peak of 0.0586, 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 302 MOP
2022 Average 284 MOP
Yearly Trough Low 292 MOP
Transaction Impact: A difference of 9.78 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0600
0.0585
JanuMarcMayJulySeptNove

DZD to MOP 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 0.0593, compared to 0.0593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0593
H2 Avg (Jul–Dec) 0.0593

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0012 MOP (High: 0.0599 / Low: 0.0587). On the other end, April was the most stable month, with a tight range of 0.0005 MOP (High: 0.0599 / Low: 0.0594).

February Spread (Volatile) ±0.0012
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0599) against the same month in 2022 (average: 0.0583), the exchange rate shifted by +0.0016 (+2.75%).

2023 Avg (December) 0.0599
2022 Avg (December) 0.0583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0595 0.0584 0.0591
February 0.0599 0.0587 0.0592
March 0.0596 0.0587 0.0593
April 0.0599 0.0594 0.0596
May 0.0600 0.0589 0.0593
June 0.0597 0.0590 0.0593
July 0.0600 0.0589 0.0595
August 0.0594 0.0589 0.0592
September 0.0591 0.0585 0.0588
October 0.0593 0.0584 0.0587
November 0.0601 0.0593 0.0597
December 0.0603 0.0597 0.0599