YEARLY HIGH
0.9973 NPR
YEARLY LOW
0.9506 NPR
YEARLY AVERAGE
0.9716 NPR

2023 DZD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.9973. Conversely, the yearly low was recorded on January 14, dropping to 0.9506.

This high-to-low spread represents a total annual volatility of 0.0467 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9598 to the December average rate of 0.9911, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9973 was up 3.03% compared to the 2022 peak of 0.9680, 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 4,986 NPR
2022 Average 4,426 NPR
Yearly Trough Low 4,753 NPR
Transaction Impact: A difference of 233.58 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9942
0.9567
JanuMarcMayJulySeptNove

DZD to NPR 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 0.9662, compared to 0.9771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.9662
H2 Avg (Jul–Dec) 0.9771

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0236 NPR (High: 0.9831 / Low: 0.9595). On the other end, June was the most stable month, with a tight range of 0.0071 NPR (High: 0.9703 / Low: 0.9632).

July Spread (Volatile) ±0.0236
June Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9911) against the same month in 2022 (average: 0.9583), the exchange rate shifted by +0.0328 (+3.42%).

2023 Avg (December) 0.9911
2022 Avg (December) 0.9583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9662 0.9506 0.9598
February 0.9751 0.9622 0.9684
March 0.9750 0.9534 0.9664
April 0.9732 0.9603 0.9674
May 0.9719 0.9629 0.9676
June 0.9703 0.9632 0.9675
July 0.9831 0.9595 0.9719
August 0.9819 0.9662 0.9735
September 0.9725 0.9641 0.9682
October 0.9800 0.9634 0.9689
November 0.9958 0.9797 0.9892
December 0.9973 0.9875 0.9911