2023 JMD to DZD Historical Review

YEARLY HIGH

0.9114 DZD

YEARLY LOW

0.8587 DZD

YEARLY AVERAGE

0.8824 DZD

2023 JMD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JMD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.9114. Conversely, the yearly low was recorded on December 16, dropping to 0.8587.

This high-to-low spread represents a total annual volatility of 0.0527 DZD. From a start-to-finish perspective, comparing the January average rate of 0.8923 to the December average rate of 0.8661, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9114 was down 6.92% compared to the 2022 peak of 0.9792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,557 DZD

2022 Average 4,632 DZD

Yearly Trough Low 4,294 DZD

Transaction Impact: A difference of 263.61 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8991

0.8631

JanuMarcMayJulySeptNove

JMD 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 0.8877, compared to 0.8771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.8877

H2 Avg (Jul–Dec) 0.8771

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0314 DZD (High: 0.9114 / Low: 0.8801). On the other end, September was the most stable month, with a tight range of 0.0070 DZD (High: 0.8914 / Low: 0.8843).

January Spread (Volatile) ±0.0314

September Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0198 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8923) against the same month in 2022 (average: 0.9018), the exchange rate shifted by -0.0096 (-1.06%).

2023 Avg (January) 0.8923

2022 Avg (January) 0.9018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9114	0.8801	0.8923
February	0.8922	0.8739	0.8847
March	0.9075	0.8865	0.8961
April	0.9016	0.8805	0.8903
May	0.8891	0.8774	0.8830
June	0.8850	0.8749	0.8798
July	0.8869	0.8682	0.8763
August	0.8870	0.8720	0.8803
September	0.8914	0.8843	0.8876
October	0.8912	0.8797	0.8862
November	0.8771	0.8598	0.8663
December	0.8726	0.8587	0.8661