2023 FJD to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 FJD to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the FJD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 63.0206. Conversely, the yearly low was recorded on November 13, dropping to 58.3778.
This high-to-low spread represents a total annual volatility of 4.6427 DZD. From a start-to-finish perspective, comparing the January average rate of 62.6248 to the December average rate of 60.7224, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 63.0206 was down 8.26% compared to the 2022 peak of 68.6972, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
FJD 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 61.6043, compared to 60.3588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2455 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 2.0025 DZD (High: 61.1808 / Low: 59.1783). On the other end, March was the most stable month, with a tight range of 0.7339 DZD (High: 61.7489 / Low: 61.0150).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.8322 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 62.6248) against the same month in 2022 (average: 65.6035), the exchange rate shifted by -2.9787 (-4.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 63.0206 | 61.7541 | 62.6248 |
| February | 62.7872 | 61.5418 | 62.2010 |
| March | 61.7489 | 61.0150 | 61.3688 |
| April | 61.7427 | 60.4532 | 61.2032 |
| May | 61.8588 | 60.5839 | 61.1591 |
| June | 61.7508 | 59.9225 | 61.0688 |
| July | 61.7808 | 60.3506 | 60.9435 |
| August | 61.1808 | 59.1783 | 60.3317 |
| September | 60.7054 | 59.8297 | 60.4024 |
| October | 60.8228 | 59.3767 | 60.1894 |
| November | 60.3377 | 58.3778 | 59.5635 |
| December | 61.3481 | 60.0254 | 60.7224 |