2023 ERN to DZD Historical Review

YEARLY HIGH

138.0245 DZD

YEARLY LOW

133.8099 DZD

YEARLY AVERAGE

135.9381 DZD

2023 ERN to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ERN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 138.0245. Conversely, the yearly low was recorded on November 14, dropping to 133.8099.

This high-to-low spread represents a total annual volatility of 4.2145 DZD. From a start-to-finish perspective, comparing the January average rate of 136.3962 to the December average rate of 134.5158, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 138.0245 was down 6.34% compared to the 2022 peak of 147.3599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ERN based on timing:

Yearly Peak High 690,122 DZD

2022 Average 710,623 DZD

Yearly Trough Low 669,050 DZD

Transaction Impact: A difference of 21,072.69 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

137.5936

134.2360

JanuMarcMayJulySeptNove

ERN to DZD 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 136.0688, compared to 135.8073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2615 points.

H1 Avg (Jan–Jun) 136.0688

H2 Avg (Jul–Dec) 135.8073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.2819 DZD (High: 137.8107 / Low: 135.5288). On the other end, December was the most stable month, with a tight range of 0.7524 DZD (High: 134.9030 / Low: 134.1506).

January Spread (Volatile) ±2.2819

December Spread (Stable) ±0.7524

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 2.7414 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.7414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 137.3138) against the same month in 2022 (average: 140.4324), the exchange rate shifted by -3.1186 (-2.22%).

2023 Avg (October) 137.3138

2022 Avg (October) 140.4324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.8107	135.5288	136.3962
February	137.1117	135.1508	136.4649
March	136.9119	135.0879	136.1168
April	136.3760	134.4237	135.4506
May	136.8577	135.2230	136.0666
June	136.7975	135.1781	135.9176
July	135.9277	134.1903	135.1640
August	136.8830	135.5396	136.1058
September	137.7023	136.7035	137.1721
October	138.0245	135.8776	137.3138
November	135.9205	133.8099	134.5725
December	134.9030	134.1506	134.5158