2023 GEL to DZD Historical Review

YEARLY HIGH

54.5915 DZD

YEARLY LOW

49.4327 DZD

YEARLY AVERAGE

51.8342 DZD

2023 GEL to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GEL to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 54.5915. Conversely, the yearly low was recorded on November 27, dropping to 49.4327.

This high-to-low spread represents a total annual volatility of 5.1588 DZD. From a start-to-finish perspective, comparing the January average rate of 51.1744 to the December average rate of 50.0876, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 54.5915 was up 2.12% compared to the 2022 peak of 53.4606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 272,957 DZD

2022 Average 244,443 DZD

Yearly Trough Low 247,164 DZD

Transaction Impact: A difference of 25,793.91 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

54.1181

49.4186

JanuMarcMayJulySeptNove

GEL 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 52.4823, compared to 51.1862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2961 points.

H1 Avg (Jan–Jun) 52.4823

H2 Avg (Jul–Dec) 51.1862

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 2.0549 DZD (High: 54.5915 / Low: 52.5366). On the other end, August was the most stable month, with a tight range of 0.5309 DZD (High: 52.2245 / Low: 51.6937).

May Spread (Volatile) ±2.0549

August Spread (Stable) ±0.5309

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 1.4800 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 53.5298) against the same month in 2022 (average: 49.0482), the exchange rate shifted by +4.4815 (+9.14%).

2023 Avg (May) 53.5298

2022 Avg (May) 49.0482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.6818	50.7563	51.1744
February	52.0348	51.0053	51.6407
March	53.3122	51.8315	52.7724
April	54.1846	52.9826	53.7265
May	54.5915	52.5366	53.5298
June	52.3969	51.4121	52.0498
July	52.5606	51.9832	52.2629
August	52.2245	51.6937	52.0262
September	52.5833	50.9695	51.8367
October	51.5979	50.2320	51.0933
November	50.0628	49.4327	49.8102
December	50.5741	49.8701	50.0876