YEARLY HIGH
40.3983 DZD
YEARLY LOW
33.5578 DZD
YEARLY AVERAGE
36.9393 DZD

2023 ILS to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ILS to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 40.3983. Conversely, the yearly low was recorded on October 26, dropping to 33.5578.

This high-to-low spread represents a total annual volatility of 6.8405 DZD. From a start-to-finish perspective, comparing the January average rate of 39.6097 to the December average rate of 36.7162, the exchange rate registered a net change of -7.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.3983 was down 10.47% compared to the 2022 peak of 45.1232, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 201,991 DZD
2022 Average 211,876 DZD
Yearly Trough Low 167,789 DZD
Transaction Impact: A difference of 34,202.44 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.1179
34.0197
JanuMarcMayJulySeptNove

ILS 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 37.9101, compared to 35.9686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9414 points.

H1 Avg (Jan–Jun) 37.9101
H2 Avg (Jul–Dec) 35.9686

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.6813 DZD (High: 39.9397 / Low: 37.2584). On the other end, September was the most stable month, with a tight range of 0.4318 DZD (High: 36.0864 / Low: 35.6546).

February Spread (Volatile) ±2.6813
September Spread (Stable) ±0.4318

Growth Streaks & Declines

Trends

Between October and December, 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 1.4142 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 39.6097) against the same month in 2022 (average: 44.5621), the exchange rate shifted by -4.9524 (-11.11%).

2023 Avg (January) 39.6097
2022 Avg (January) 44.5621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.3983 38.8013 39.6097
February 39.9397 37.2584 38.5215
March 38.2935 37.0457 37.6520
April 37.9356 36.6447 37.2665
May 37.4152 36.6428 37.0732
June 38.2444 36.3566 37.3374
July 37.4342 36.3794 36.8725
August 37.3017 35.8098 36.3515
September 36.0864 35.6546 35.9421
October 36.0922 33.5578 34.5279
November 36.4483 33.8604 35.4018
December 37.3040 36.1743 36.7162