YEARLY HIGH
0.1487 NAD
YEARLY LOW
0.1226 NAD
YEARLY AVERAGE
0.1361 NAD

2023 DZD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1487. Conversely, the yearly low was recorded on January 5, dropping to 0.1226.

This high-to-low spread represents a total annual volatility of 0.0261 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1252 to the December average rate of 0.1389, the exchange rate registered a net change of 10.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1487 was up 13.16% compared to the 2022 peak of 0.1314, 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 743 NAD
2022 Average 574 NAD
Yearly Trough Low 613 NAD
Transaction Impact: A difference of 130.67 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1418
0.1237
JanuMarcMayJulySeptNove

DZD to NAD 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 0.1338, compared to 0.1384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.1338
H2 Avg (Jul–Dec) 0.1384

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0133 NAD (High: 0.1487 / Low: 0.1354). On the other end, September was the most stable month, with a tight range of 0.0040 NAD (High: 0.1403 / Low: 0.1363).

November Spread (Volatile) ±0.0133
September Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1393) against the same month in 2022 (average: 0.1258), the exchange rate shifted by +0.0135 (+10.74%).

2023 Avg (November) 0.1393
2022 Avg (November) 0.1258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1271 0.1226 0.1252
February 0.1350 0.1250 0.1310
March 0.1364 0.1317 0.1343
April 0.1361 0.1305 0.1342
May 0.1441 0.1349 0.1403
June 0.1445 0.1340 0.1378
July 0.1390 0.1299 0.1350
August 0.1459 0.1346 0.1385
September 0.1403 0.1363 0.1383
October 0.1482 0.1362 0.1403
November 0.1487 0.1354 0.1393
December 0.1421 0.1357 0.1389