YEARLY HIGH
17.6502 DZD
YEARLY LOW
17.0614 DZD
YEARLY AVERAGE
17.3622 DZD

2023 GTQ to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 17.6502. Conversely, the yearly low was recorded on December 28, dropping to 17.0614.

This high-to-low spread represents a total annual volatility of 0.5887 DZD. From a start-to-finish perspective, comparing the January average rate of 17.3793 to the December average rate of 17.1747, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.6502 was down 7.59% compared to the 2022 peak of 19.1008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,251 DZD
2022 Average 91,703 DZD
Yearly Trough Low 85,307 DZD
Transaction Impact: A difference of 2,943.64 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.5501
17.1405
JanuMarcMayJulySeptNove

GTQ 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 17.4080, compared to 17.3164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0917 points.

H1 Avg (Jan–Jun) 17.4080
H2 Avg (Jul–Dec) 17.3164

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3968 DZD (High: 17.5967 / Low: 17.2000). On the other end, April was the most stable month, with a tight range of 0.1461 DZD (High: 17.4696 / Low: 17.3236).

February Spread (Volatile) ±0.3968
April Spread (Stable) ±0.1461

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 0.3124 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 17.4706) against the same month in 2022 (average: 18.5106), the exchange rate shifted by -1.0400 (-5.62%).

2023 Avg (March) 17.4706
2022 Avg (March) 18.5106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.5521 17.2650 17.3793
February 17.5967 17.2000 17.4236
March 17.6502 17.3826 17.4706
April 17.4696 17.3236 17.3869
May 17.5411 17.2701 17.4380
June 17.4719 17.2410 17.3497
July 17.4341 17.1104 17.2443
August 17.4292 17.2180 17.3237
September 17.5166 17.3470 17.4360
October 17.6180 17.3351 17.5160
November 17.3505 17.0965 17.2036
December 17.2177 17.0614 17.1747