2023 DZD to NOK Historical Review

YEARLY HIGH

0.0832 NOK

YEARLY LOW

0.0714 NOK

YEARLY AVERAGE

0.0777 NOK

2023 DZD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0832. Conversely, the yearly low was recorded on January 1, dropping to 0.0714.

This high-to-low spread represents a total annual volatility of 0.0118 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0728 to the December average rate of 0.0782, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0832 was up 7.58% compared to the 2022 peak of 0.0773, 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 416 NOK

2022 Average 338 NOK

Yearly Trough Low 357 NOK

Transaction Impact: A difference of 59.00 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0818

0.0719

JanuMarcMayJulySeptNove

DZD to NOK 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 0.0770, compared to 0.0784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0770

H2 Avg (Jul–Dec) 0.0784

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0064 NOK (High: 0.0816 / Low: 0.0752). On the other end, September was the most stable month, with a tight range of 0.0011 NOK (High: 0.0789 / Low: 0.0777).

December Spread (Volatile) ±0.0064

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0810) against the same month in 2022 (average: 0.0726), the exchange rate shifted by +0.0084 (+11.54%).

2023 Avg (November) 0.0810

2022 Avg (November) 0.0726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0744	0.0714	0.0728
February	0.0763	0.0730	0.0751
March	0.0792	0.0761	0.0774
April	0.0794	0.0758	0.0776
May	0.0818	0.0774	0.0795
June	0.0811	0.0774	0.0794
July	0.0792	0.0738	0.0761
August	0.0785	0.0748	0.0770
September	0.0789	0.0777	0.0782
October	0.0822	0.0780	0.0801
November	0.0832	0.0790	0.0810
December	0.0816	0.0752	0.0782