YEARLY HIGH
0.0404 DZD
YEARLY LOW
0.0381 DZD
YEARLY AVERAGE
0.0393 DZD

2023 MNT to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0404. Conversely, the yearly low was recorded on July 14, dropping to 0.0381.

This high-to-low spread represents a total annual volatility of 0.0023 DZD. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0390, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0404 was down 18.81% compared to the 2022 peak of 0.0498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 DZD
2022 Average 228 DZD
Yearly Trough Low 191 DZD
Transaction Impact: A difference of 11.58 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0402
0.0383
JanuMarcMayJulySeptNove

MNT 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 0.0393, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0393
H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 DZD (High: 0.0402 / Low: 0.0386). On the other end, December was the most stable month, with a tight range of 0.0002 DZD (High: 0.0391 / Low: 0.0389).

March Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0400) against the same month in 2022 (average: 0.0489), the exchange rate shifted by -0.0088 (-18.06%).

2023 Avg (January) 0.0400
2022 Avg (January) 0.0489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0398 0.0400
February 0.0402 0.0397 0.0401
March 0.0402 0.0386 0.0399
April 0.0388 0.0382 0.0385
May 0.0389 0.0384 0.0387
June 0.0389 0.0384 0.0386
July 0.0394 0.0381 0.0385
August 0.0397 0.0393 0.0395
September 0.0399 0.0396 0.0398
October 0.0400 0.0394 0.0398
November 0.0394 0.0388 0.0390
December 0.0391 0.0389 0.0390