2023 HKD to DZD Historical Review

YEARLY HIGH

17.6372 DZD

YEARLY LOW

17.1244 DZD

YEARLY AVERAGE

17.3629 DZD

2023 HKD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 17.6372. Conversely, the yearly low was recorded on April 30, dropping to 17.1244.

This high-to-low spread represents a total annual volatility of 0.5128 DZD. From a start-to-finish perspective, comparing the January average rate of 17.4416 to the December average rate of 17.2246, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.6372 was down 6.05% compared to the 2022 peak of 18.7724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 440,929 DZD

2022 Average 453,728 DZD

Yearly Trough Low 428,109 DZD

Transaction Impact: A difference of 12,820.43 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.5798

17.1923

JanuMarcMayJulySeptNove

HKD 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 17.3577, compared to 17.3682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 17.3577

H2 Avg (Jul–Dec) 17.3682

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3275 DZD (High: 17.6372 / Low: 17.3097). On the other end, December was the most stable month, with a tight range of 0.0963 DZD (High: 17.2688 / Low: 17.1725).

January Spread (Volatile) ±0.3275

December Spread (Stable) ±0.0963

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 0.3092 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 17.4416) against the same month in 2022 (average: 17.9347), the exchange rate shifted by -0.4931 (-2.75%).

2023 Avg (January) 17.4416

2022 Avg (January) 17.9347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6372	17.3097	17.4416
February	17.4777	17.2218	17.3908
March	17.4418	17.2085	17.3421
April	17.3743	17.1244	17.2560
May	17.4820	17.2260	17.3621
June	17.4413	17.2636	17.3534
July	17.4068	17.1708	17.2901
August	17.4507	17.3426	17.3901
September	17.5988	17.4316	17.5185
October	17.6286	17.3652	17.5475
November	17.3757	17.1423	17.2383
December	17.2688	17.1725	17.2246