2023 GHS to DZD Historical Review

YEARLY HIGH

16.4341 DZD

YEARLY LOW

10.6030 DZD

YEARLY AVERAGE

11.6543 DZD

2023 GHS to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GHS to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 16.4341. Conversely, the yearly low was recorded on February 23, dropping to 10.6030.

This high-to-low spread represents a total annual volatility of 5.8310 DZD. From a start-to-finish perspective, comparing the January average rate of 12.0341 to the December average rate of 11.1896, the exchange rate registered a net change of -7.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.4341 was down 27.56% compared to the 2022 peak of 22.6861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,170 DZD

2022 Average 84,178 DZD

Yearly Trough Low 53,015 DZD

Transaction Impact: A difference of 29,155.15 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.1825

10.8207

JanuMarcMayJulySeptNove

GHS 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 11.6432, compared to 11.6653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 11.6432

H2 Avg (Jul–Dec) 11.6653

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.5822 DZD (High: 16.4341 / Low: 10.8519). On the other end, December was the most stable month, with a tight range of 0.1057 DZD (High: 11.2417 / Low: 11.1361).

January Spread (Volatile) ±5.5822

December Spread (Stable) ±0.1057

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.0999 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.0999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 12.0341) against the same month in 2022 (average: 22.4818), the exchange rate shifted by -10.4478 (-46.47%).

2023 Avg (January) 12.0341

2022 Avg (January) 22.4818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.4341	10.8519	12.0341
February	11.2182	10.6030	10.9342
March	11.6578	10.6586	11.0425
April	12.5940	11.2536	11.8557
May	12.8114	11.4270	11.9901
June	12.2463	11.7757	12.0029
July	12.0209	11.5985	11.8487
August	12.1662	11.8980	12.0690
September	12.0039	11.8217	11.9401
October	11.8819	11.4201	11.6764
November	11.4094	11.1755	11.2683
December	11.2417	11.1361	11.1896