2023 GNF to DZD Historical Review

YEARLY HIGH

0.0161 DZD

YEARLY LOW

0.0154 DZD

YEARLY AVERAGE

0.0158 DZD

2023 GNF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0161. Conversely, the yearly low was recorded on January 27, dropping to 0.0154.

This high-to-low spread represents a total annual volatility of 0.0007 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0157 to the December average rate of 0.0156, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0161 was down 5.39% compared to the 2022 peak of 0.0170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80 DZD

2022 Average 81 DZD

Yearly Trough Low 77 DZD

Transaction Impact: A difference of 3.42 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0160

0.0156

JanuMarcMayJulySeptNove

GNF 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 0.0158, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0158

H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 DZD (High: 0.0159 / Low: 0.0154). On the other end, December was the most stable month, with a tight range of 0.0001 DZD (High: 0.0157 / Low: 0.0156).

January Spread (Volatile) ±0.0005

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0160) against the same month in 2022 (average: 0.0162), the exchange rate shifted by -0.0002 (-1.29%).

2023 Avg (October) 0.0160

2022 Avg (October) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0159	0.0154	0.0157
February	0.0160	0.0155	0.0158
March	0.0160	0.0155	0.0158
April	0.0158	0.0156	0.0157
May	0.0159	0.0156	0.0158
June	0.0159	0.0156	0.0158
July	0.0159	0.0156	0.0157
August	0.0159	0.0157	0.0158
September	0.0160	0.0159	0.0159
October	0.0161	0.0157	0.0160
November	0.0158	0.0155	0.0156
December	0.0157	0.0156	0.0156