2023 GMD to DZD Historical Review

YEARLY HIGH

2.2995 DZD

YEARLY LOW

1.9897 DZD

YEARLY AVERAGE

2.1864 DZD

2023 GMD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 2.2995. Conversely, the yearly low was recorded on November 14, dropping to 1.9897.

This high-to-low spread represents a total annual volatility of 0.3098 DZD. From a start-to-finish perspective, comparing the January average rate of 2.1991 to the December average rate of 1.9972, the exchange rate registered a net change of -9.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2995 was down 15.78% compared to the 2022 peak of 2.7303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,498 DZD

2022 Average 12,870 DZD

Yearly Trough Low 9,949 DZD

Transaction Impact: A difference of 1,548.83 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3139

1.9684

JanuMarcMayJulySeptNove

GMD 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 2.2336, compared to 2.1393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0944 points.

H1 Avg (Jan–Jun) 2.2336

H2 Avg (Jul–Dec) 2.1393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1600 DZD (High: 2.2724 / Low: 2.1124). On the other end, August was the most stable month, with a tight range of 0.0142 DZD (High: 2.2517 / Low: 2.2375).

September Spread (Volatile) ±0.1600

August Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.1280 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.2851) against the same month in 2022 (average: 2.6991), the exchange rate shifted by -0.4140 (-15.34%).

2023 Avg (June) 2.2851

2022 Avg (June) 2.6991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2240	2.1764	2.1991
February	2.2441	2.2003	2.2335
March	2.2393	2.1806	2.2174
April	2.2596	2.1635	2.1903
May	2.2974	2.2462	2.2764
June	2.2995	2.2715	2.2851
July	2.2821	2.2496	2.2662
August	2.2517	2.2375	2.2466
September	2.2724	2.1124	2.2208
October	2.1360	2.0662	2.0928
November	2.0895	1.9897	2.0121
December	2.0110	1.9912	1.9972