YEARLY HIGH
2.5686 DZD
YEARLY LOW
2.3784 DZD
YEARLY AVERAGE
2.4840 DZD

2023 ETB to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.5686. Conversely, the yearly low was recorded on December 25, dropping to 2.3784.

This high-to-low spread represents a total annual volatility of 0.1902 DZD. From a start-to-finish perspective, comparing the January average rate of 2.5430 to the December average rate of 2.3953, the exchange rate registered a net change of -5.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5686 was down 9.64% compared to the 2022 peak of 2.8427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,843 DZD
2022 Average 13,689 DZD
Yearly Trough Low 11,892 DZD
Transaction Impact: A difference of 951.11 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5577
2.3806
JanuMarcMayJulySeptNove

ETB 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 2.5182, compared to 2.4498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0684 points.

H1 Avg (Jan–Jun) 2.5182
H2 Avg (Jul–Dec) 2.4498

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0488 DZD (High: 2.4863 / Low: 2.4375). On the other end, September was the most stable month, with a tight range of 0.0210 DZD (High: 2.4927 / Low: 2.4717).

October Spread (Volatile) ±0.0488
September Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0552 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5430) against the same month in 2022 (average: 2.8179), the exchange rate shifted by -0.2750 (-9.76%).

2023 Avg (January) 2.5430
2022 Avg (January) 2.8179

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5686 2.5260 2.5430
February 2.5616 2.5177 2.5408
March 2.5570 2.5147 2.5324
April 2.5232 2.4832 2.5003
May 2.5181 2.4854 2.5025
June 2.5147 2.4709 2.4902
July 2.4873 2.4393 2.4653
August 2.4878 2.4556 2.4710
September 2.4927 2.4717 2.4841
October 2.4863 2.4375 2.4693
November 2.4422 2.3941 2.4140
December 2.4219 2.3784 2.3953