2023 EUR to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EUR to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EUR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 151.5936. Conversely, the yearly low was recorded on October 31, dropping to 143.7380.
This high-to-low spread represents a total annual volatility of 7.8556 DZD. From a start-to-finish perspective, comparing the January average rate of 147.1370 to the December average rate of 146.9360, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 151.5936 was down 5.88% compared to the 2022 peak of 161.0580, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EUR to DZD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 147.2176, compared to 147.0115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2062 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 5.2295 DZD (High: 151.5936 / Low: 146.3641). On the other end, August was the most stable month, with a tight range of 1.9353 DZD (High: 149.4466 / Low: 147.5112).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 2.0110 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 148.0376) against the same month in 2022 (average: 153.9046), the exchange rate shifted by -5.8669 (-3.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 148.1872 | 144.9800 | 147.1370 |
| February | 149.2620 | 144.2993 | 146.0477 |
| March | 147.8286 | 144.3794 | 145.8480 |
| April | 150.7332 | 146.7503 | 148.8460 |
| May | 151.5936 | 146.3641 | 148.0376 |
| June | 148.8869 | 145.8588 | 147.3894 |
| July | 151.2028 | 147.5207 | 149.4655 |
| August | 149.4466 | 147.5112 | 148.4901 |
| September | 147.5235 | 144.4989 | 146.4792 |
| October | 146.4822 | 143.7380 | 145.0815 |
| November | 147.6784 | 143.8894 | 145.6164 |
| December | 149.2244 | 144.7456 | 146.9360 |