YEARLY HIGH
0.2203 TRY
YEARLY LOW
0.1361 TRY
YEARLY AVERAGE
0.1751 TRY

2023 DZD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2203. Conversely, the yearly low was recorded on January 3, dropping to 0.1361.

This high-to-low spread represents a total annual volatility of 0.0842 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1377 to the December average rate of 0.2163, the exchange rate registered a net change of 57.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2203 was up 61.75% compared to the 2022 peak of 0.1362, 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 1,102 TRY
2022 Average 584 TRY
Yearly Trough Low 681 TRY
Transaction Impact: A difference of 421.09 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2242
0.1298
JanuMarcMayJulySeptNove

DZD to TRY 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 0.1463, compared to 0.2038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0575 points.

H1 Avg (Jan–Jun) 0.1463
H2 Avg (Jul–Dec) 0.2038

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0393 TRY (High: 0.1924 / Low: 0.1531). On the other end, February was the most stable month, with a tight range of 0.0017 TRY (High: 0.1393 / Low: 0.1376).

June Spread (Volatile) ±0.0393
February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0009 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2163) against the same month in 2022 (average: 0.1355), the exchange rate shifted by +0.0809 (+59.68%).

2023 Avg (December) 0.2163
2022 Avg (December) 0.1355

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1388 0.1361 0.1377
February 0.1393 0.1376 0.1381
March 0.1415 0.1381 0.1396
April 0.1447 0.1412 0.1428
May 0.1517 0.1436 0.1453
June 0.1924 0.1531 0.1745
July 0.2006 0.1895 0.1959
August 0.2002 0.1897 0.1978
September 0.1996 0.1953 0.1969
October 0.2083 0.1993 0.2031
November 0.2158 0.2084 0.2130
December 0.2203 0.2142 0.2163