2023 MYR to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MYR to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MYR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 32.0044. Conversely, the yearly low was recorded on November 14, dropping to 28.3496.
This high-to-low spread represents a total annual volatility of 3.6549 DZD. From a start-to-finish perspective, comparing the January average rate of 31.5149 to the December average rate of 28.8822, the exchange rate registered a net change of -8.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 32.0044 was down 6.39% compared to the 2022 peak of 34.1898, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MYR 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 30.5560, compared to 29.1294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4266 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.6018 DZD (High: 32.0044 / Low: 30.4027). On the other end, September was the most stable month, with a tight range of 0.2321 DZD (High: 29.4227 / Low: 29.1906).
Growth Streaks & Declines
TrendsBetween June and August, 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 February and March, when the average rate fell by 0.8151 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 31.2678) against the same month in 2022 (average: 33.5996), the exchange rate shifted by -2.3317 (-6.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.9851 | 31.1325 | 31.5149 |
| February | 32.0044 | 30.4027 | 31.2678 |
| March | 30.7791 | 30.1166 | 30.4527 |
| April | 30.9208 | 30.1365 | 30.6136 |
| May | 30.5137 | 29.5765 | 30.1228 |
| June | 29.8349 | 28.9058 | 29.3642 |
| July | 29.9802 | 28.9621 | 29.4333 |
| August | 29.9964 | 29.2101 | 29.5266 |
| September | 29.4227 | 29.1906 | 29.3062 |
| October | 29.2862 | 28.5053 | 28.9381 |
| November | 29.0772 | 28.3496 | 28.6898 |
| December | 29.2331 | 28.6389 | 28.8822 |