2023 MGA to DZD Historical Review

YEARLY HIGH

0.0320 DZD

YEARLY LOW

0.0291 DZD

YEARLY AVERAGE

0.0306 DZD

2023 MGA to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0320. Conversely, the yearly low was recorded on December 25, dropping to 0.0291.

This high-to-low spread represents a total annual volatility of 0.0029 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0310 to the December average rate of 0.0294, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0320 was down 12.68% compared to the 2022 peak of 0.0367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160 DZD

2022 Average 172 DZD

Yearly Trough Low 145 DZD

Transaction Impact: A difference of 14.70 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0320

0.0291

JanuMarcMayJulySeptNove

MGA 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 0.0311, compared to 0.0300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0311

H2 Avg (Jul–Dec) 0.0300

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0018 DZD (High: 0.0318 / Low: 0.0300). On the other end, May was the most stable month, with a tight range of 0.0005 DZD (High: 0.0311 / Low: 0.0306).

January Spread (Volatile) ±0.0018

May Spread (Stable) ±0.0005

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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0318) against the same month in 2022 (average: 0.0353), the exchange rate shifted by -0.0035 (-10.02%).

2023 Avg (February) 0.0318

2022 Avg (February) 0.0353

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0318	0.0300	0.0310
February	0.0320	0.0314	0.0318
March	0.0319	0.0311	0.0316
April	0.0314	0.0306	0.0309
May	0.0311	0.0306	0.0309
June	0.0311	0.0298	0.0304
July	0.0305	0.0297	0.0300
August	0.0305	0.0300	0.0302
September	0.0306	0.0301	0.0304
October	0.0306	0.0300	0.0303
November	0.0301	0.0296	0.0298
December	0.0300	0.0291	0.0294