YEARLY HIGH
0.2740 NIO
YEARLY LOW
0.2646 NIO
YEARLY AVERAGE
0.2689 NIO

2023 DZD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.2740. Conversely, the yearly low was recorded on January 5, dropping to 0.2646.

This high-to-low spread represents a total annual volatility of 0.0093 NIO. From a start-to-finish perspective, comparing the January average rate of 0.2675 to the December average rate of 0.2726, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2740 was up 2.68% compared to the 2022 peak of 0.2668, 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 1,370 NIO
2022 Average 1,262 NIO
Yearly Trough Low 1,323 NIO
Transaction Impact: A difference of 46.63 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2732
0.2658
JanuMarcMayJulySeptNove

DZD to NIO 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 0.2684, compared to 0.2695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.2684
H2 Avg (Jul–Dec) 0.2695

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0050 NIO (High: 0.2703 / Low: 0.2654). On the other end, September was the most stable month, with a tight range of 0.0023 NIO (High: 0.2679 / Low: 0.2656).

February Spread (Volatile) ±0.0050
September Spread (Stable) ±0.0023

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 August and September, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2719) against the same month in 2022 (average: 0.2586), the exchange rate shifted by +0.0134 (+5.18%).

2023 Avg (November) 0.2719
2022 Avg (November) 0.2586

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2696 0.2646 0.2675
February 0.2703 0.2654 0.2674
March 0.2698 0.2664 0.2681
April 0.2708 0.2683 0.2696
May 0.2704 0.2669 0.2686
June 0.2704 0.2670 0.2690
July 0.2724 0.2675 0.2703
August 0.2702 0.2672 0.2688
September 0.2679 0.2656 0.2667
October 0.2695 0.2647 0.2664
November 0.2740 0.2692 0.2719
December 0.2738 0.2713 0.2726