YEARLY HIGH
17.1334 DZD
YEARLY LOW
16.5778 DZD
YEARLY AVERAGE
16.8639 DZD

2023 MOP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MOP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 17.1334. Conversely, the yearly low was recorded on December 28, dropping to 16.5778.

This high-to-low spread represents a total annual volatility of 0.5557 DZD. From a start-to-finish perspective, comparing the January average rate of 16.9347 to the December average rate of 16.7030, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.1334 was down 6.14% compared to the 2022 peak of 18.2546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,667 DZD
2022 Average 88,104 DZD
Yearly Trough Low 82,889 DZD
Transaction Impact: A difference of 2,778.32 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.0810
16.6687
JanuMarcMayJulySeptNove

MOP 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 16.8594, compared to 16.8683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 16.8594
H2 Avg (Jul–Dec) 16.8683

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3333 DZD (High: 17.0417 / Low: 16.7084). On the other end, April was the most stable month, with a tight range of 0.1420 DZD (High: 16.8475 / Low: 16.7055).

February Spread (Volatile) ±0.3333
April Spread (Stable) ±0.1420

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 October and November, when the average rate fell by 0.2918 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2918

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 17.0467) against the same month in 2022 (average: 17.3729), the exchange rate shifted by -0.3262 (-1.88%).

2023 Avg (October) 17.0467
2022 Avg (October) 17.3729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.1257 16.8008 16.9347
February 17.0417 16.7084 16.8829
March 17.0263 16.7656 16.8611
April 16.8475 16.7055 16.7694
May 16.9737 16.6740 16.8592
June 16.9465 16.7613 16.8495
July 16.9677 16.6791 16.8059
August 16.9704 16.8212 16.8875
September 17.1064 16.9197 17.0120
October 17.1334 16.8660 17.0467
November 16.8772 16.6390 16.7549
December 16.7573 16.5778 16.7030