2023 JOD to DZD Historical Review

YEARLY HIGH

194.5651 DZD

YEARLY LOW

188.6507 DZD

YEARLY AVERAGE

191.6715 DZD

2023 JOD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 194.5651. Conversely, the yearly low was recorded on November 14, dropping to 188.6507.

This high-to-low spread represents a total annual volatility of 5.9144 DZD. From a start-to-finish perspective, comparing the January average rate of 192.2636 to the December average rate of 189.6105, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 194.5651 was down 6.39% compared to the 2022 peak of 207.8418, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 972,825 DZD

2022 Average 1,002,198 DZD

Yearly Trough Low 943,253 DZD

Transaction Impact: A difference of 29,571.98 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

193.9648

189.2147

JanuMarcMayJulySeptNove

JOD 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 191.7972, compared to 191.5458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2514 points.

H1 Avg (Jan–Jun) 191.7972

H2 Avg (Jul–Dec) 191.5458

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.2172 DZD (High: 194.2912 / Low: 191.0740). On the other end, September was the most stable month, with a tight range of 1.0666 DZD (High: 194.1234 / Low: 193.0568).

January Spread (Volatile) ±3.2172

September Spread (Stable) ±1.0666

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 3.8359 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.8359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 193.5536) against the same month in 2022 (average: 198.0513), the exchange rate shifted by -4.4977 (-2.27%).

2023 Avg (October) 193.5536

2022 Avg (October) 198.0513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	194.2912	191.0740	192.2636
February	193.2784	190.5142	192.3473
March	192.9968	190.2914	191.8490
April	192.2414	189.4892	190.9423
May	192.9476	190.5892	191.7886
June	192.8627	190.5258	191.5926
July	191.6093	189.1870	190.5858
August	193.3376	191.4130	192.2382
September	194.1234	193.0568	193.5690
October	194.5651	191.5658	193.5536
November	191.5993	188.6507	189.7177
December	190.1649	189.0510	189.6105