2023 ISK to DZD Historical Review

YEARLY HIGH

1.0462 DZD

YEARLY LOW

0.9362 DZD

YEARLY AVERAGE

0.9864 DZD

2023 ISK to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1.0462. Conversely, the yearly low was recorded on November 13, dropping to 0.9362.

This high-to-low spread represents a total annual volatility of 0.1100 DZD. From a start-to-finish perspective, comparing the January average rate of 0.9545 to the December average rate of 0.9759, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0462 was down 8.70% compared to the 2022 peak of 1.1460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,231 DZD

2022 Average 5,267 DZD

Yearly Trough Low 4,681 DZD

Transaction Impact: A difference of 550.01 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0403

0.9460

JanuMarcMayJulySeptNove

ISK 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 0.9738, compared to 0.9990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 0.9738

H2 Avg (Jul–Dec) 0.9990

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0437 DZD (High: 0.9799 / Low: 0.9362). On the other end, April was the most stable month, with a tight range of 0.0189 DZD (High: 1.0033 / Low: 0.9844).

November Spread (Volatile) ±0.0437

April Spread (Stable) ±0.0189

Growth Streaks & Declines

Trends

Between May and August, 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 0.0286 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 1.0324) against the same month in 2022 (average: 1.0289), the exchange rate shifted by +0.0035 (+0.34%).

2023 Avg (August) 1.0324

2022 Avg (August) 1.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9687	0.9421	0.9545
February	0.9723	0.9439	0.9539
March	0.9981	0.9588	0.9730
April	1.0033	0.9844	0.9924
May	0.9983	0.9691	0.9828
June	1.0067	0.9666	0.9861
July	1.0332	0.9897	1.0188
August	1.0462	1.0261	1.0324
September	1.0366	0.9969	1.0138
October	1.0040	0.9745	0.9908
November	0.9799	0.9362	0.9622
December	0.9902	0.9618	0.9759