YEARLY HIGH
0.1350 DZD
YEARLY LOW
0.0794 DZD
YEARLY AVERAGE
0.1229 DZD

2023 MWK to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.1350. Conversely, the yearly low was recorded on December 16, dropping to 0.0794.

This high-to-low spread represents a total annual volatility of 0.0556 DZD. From a start-to-finish perspective, comparing the January average rate of 0.1333 to the December average rate of 0.0799, the exchange rate registered a net change of -40.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1350 was down 24.84% compared to the 2022 peak of 0.1796, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 675 DZD
2022 Average 771 DZD
Yearly Trough Low 397 DZD
Transaction Impact: A difference of 278.15 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1387
0.0745
JanuMarcMayJulySeptNove

MWK 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 0.1327, compared to 0.1131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 0.1327
H2 Avg (Jul–Dec) 0.1131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0415 DZD (High: 0.1210 / Low: 0.0795). On the other end, December was the most stable month, with a tight range of 0.0007 DZD (High: 0.0801 / Low: 0.0794).

November Spread (Volatile) ±0.0415
December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0223 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1326) against the same month in 2022 (average: 0.1758), the exchange rate shifted by -0.0432 (-24.58%).

2023 Avg (March) 0.1326
2022 Avg (March) 0.1758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1344 0.1320 0.1333
February 0.1345 0.1308 0.1330
March 0.1350 0.1296 0.1326
April 0.1331 0.1316 0.1322
May 0.1337 0.1318 0.1327
June 0.1341 0.1287 0.1327
July 0.1298 0.1274 0.1286
August 0.1300 0.1248 0.1266
September 0.1305 0.1234 0.1265
October 0.1274 0.1184 0.1197
November 0.1210 0.0795 0.0974
December 0.0801 0.0794 0.0799