2023 DZD to MVR Historical Review

YEARLY HIGH

0.1153 MVR

YEARLY LOW

0.1114 MVR

YEARLY AVERAGE

0.1131 MVR

2023 DZD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.1153. Conversely, the yearly low was recorded on October 2, dropping to 0.1114.

This high-to-low spread represents a total annual volatility of 0.0040 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1128 to the December average rate of 0.1143, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1153 was up 2.71% compared to the 2022 peak of 0.1123, 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 577 MVR

2022 Average 543 MVR

Yearly Trough Low 557 MVR

Transaction Impact: A difference of 19.83 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1145

0.1118

JanuMarcMayJulySeptNove

DZD to MVR 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 0.1129, compared to 0.1133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1129

H2 Avg (Jul–Dec) 0.1133

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0022 MVR (High: 0.1153 / Low: 0.1132). On the other end, August was the most stable month, with a tight range of 0.0008 MVR (High: 0.1133 / Low: 0.1125).

November Spread (Volatile) ±0.0022

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1142) against the same month in 2022 (average: 0.1107), the exchange rate shifted by +0.0035 (+3.16%).

2023 Avg (November) 0.1142

2022 Avg (November) 0.1107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1134	0.1118	0.1128
February	0.1136	0.1120	0.1125
March	0.1140	0.1122	0.1130
April	0.1143	0.1126	0.1134
May	0.1135	0.1118	0.1128
June	0.1136	0.1121	0.1129
July	0.1148	0.1127	0.1138
August	0.1133	0.1125	0.1129
September	0.1129	0.1119	0.1124
October	0.1132	0.1114	0.1121
November	0.1153	0.1132	0.1142
December	0.1148	0.1139	0.1143