YEARLY HIGH
0.1055 DZD
YEARLY LOW
0.0920 DZD
YEARLY AVERAGE
0.1003 DZD

2023 IQD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1055. Conversely, the yearly low was recorded on February 4, dropping to 0.0920.

This high-to-low spread represents a total annual volatility of 0.0135 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0934 to the December average rate of 0.1026, the exchange rate registered a net change of 9.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1055 was up 4.33% compared to the 2022 peak of 0.1011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 528 DZD
2022 Average 487 DZD
Yearly Trough Low 460 DZD
Transaction Impact: A difference of 67.54 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1060
0.0922
JanuMarcMayJulySeptNove

IQD 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 0.0968, compared to 0.1037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.0968
H2 Avg (Jul–Dec) 0.1037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0118 DZD (High: 0.1046 / Low: 0.0928). On the other end, September was the most stable month, with a tight range of 0.0009 DZD (High: 0.1052 / Low: 0.1043).

May Spread (Volatile) ±0.0118
September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, 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 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1049) against the same month in 2022 (average: 0.0962), the exchange rate shifted by +0.0087 (+9.01%).

2023 Avg (October) 0.1049
2022 Avg (October) 0.0962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0944 0.0928 0.0934
February 0.0946 0.0920 0.0935
March 0.0943 0.0928 0.0934
April 0.1030 0.0920 0.0934
May 0.1046 0.0928 0.1032
June 0.1044 0.1032 0.1038
July 0.1044 0.1025 0.1033
August 0.1045 0.1029 0.1039
September 0.1052 0.1043 0.1047
October 0.1055 0.1037 0.1049
November 0.1043 0.1022 0.1029
December 0.1030 0.1020 0.1026