YEARLY HIGH
3.2664 NGN
YEARLY LOW
2.8189 NGN
YEARLY AVERAGE
2.9829 NGN

2022 DZD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DZD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.2664. Conversely, the yearly low was recorded on July 17, dropping to 2.8189.

This high-to-low spread represents a total annual volatility of 0.4474 NGN. From a start-to-finish perspective, comparing the January average rate of 2.9608 to the December average rate of 3.2350, the exchange rate registered a net change of 9.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.2664 was up 5.03% compared to the 2021 peak of 3.1100, 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 16,332 NGN
2021 Average 14,939 NGN
Yearly Trough Low 14,095 NGN
Transaction Impact: A difference of 2,237.15 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.2736
2.8104
JanuMarcMayJulySeptNove

DZD to NGN 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 2.9051, compared to 3.0608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1557 points.

H1 Avg (Jan–Jun) 2.9051
H2 Avg (Jul–Dec) 3.0608

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1874 NGN (High: 3.0368 / Low: 2.8494). On the other end, March was the most stable month, with a tight range of 0.0306 NGN (High: 2.9342 / Low: 2.9036).

August Spread (Volatile) ±0.1874
March Spread (Stable) ±0.0306

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0397 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 3.2350) against the same month in 2021 (average: 2.9583), the exchange rate shifted by +0.2767 (+9.35%).

2022 Avg (December) 3.2350
2021 Avg (December) 2.9583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9782 2.9458 2.9608
February 2.9724 2.9416 2.9575
March 2.9342 2.9036 2.9178
April 2.9146 2.8685 2.8924
May 2.8702 2.8365 2.8530
June 2.8769 2.8295 2.8490
July 2.9046 2.8189 2.8582
August 3.0368 2.8494 2.9522
September 3.1094 2.9888 3.0447
October 3.1312 3.0706 3.1018
November 3.2122 3.1135 3.1725
December 3.2664 3.2090 3.2350