2023 MAD to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MAD to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MAD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 14.0287. Conversely, the yearly low was recorded on March 14, dropping to 13.0578.
This high-to-low spread represents a total annual volatility of 0.9708 DZD. From a start-to-finish perspective, comparing the January average rate of 13.3306 to the December average rate of 13.3976, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 14.0287 was down 7.62% compared to the 2022 peak of 15.1852, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MAD to DZD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.3536, compared to 13.5077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1541 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 0.5905 DZD (High: 14.0287 / Low: 13.4382). On the other end, September was the most stable month, with a tight range of 0.2261 DZD (High: 13.5398 / Low: 13.3137).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3421 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 13.7487) against the same month in 2022 (average: 13.7014), the exchange rate shifted by +0.0473 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.5698 | 13.0877 | 13.3306 |
| February | 13.3544 | 13.1185 | 13.2482 |
| March | 13.3025 | 13.0578 | 13.1798 |
| April | 13.6776 | 13.2608 | 13.3728 |
| May | 13.6556 | 13.3343 | 13.4634 |
| June | 13.7222 | 13.3710 | 13.5265 |
| July | 14.0270 | 13.7222 | 13.8806 |
| August | 14.0287 | 13.4382 | 13.7487 |
| September | 13.5398 | 13.3137 | 13.4066 |
| October | 13.5065 | 13.2135 | 13.3669 |
| November | 13.3760 | 13.1333 | 13.2458 |
| December | 13.6463 | 13.2138 | 13.3976 |