2023 NOK to DZD Historical Review

YEARLY HIGH

14.0143 DZD

YEARLY LOW

12.0256 DZD

YEARLY AVERAGE

12.8852 DZD

2023 NOK to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NOK to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 14.0143. Conversely, the yearly low was recorded on November 7, dropping to 12.0256.

This high-to-low spread represents a total annual volatility of 1.9886 DZD. From a start-to-finish perspective, comparing the January average rate of 13.7427 to the December average rate of 12.8011, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.0143 was down 15.66% compared to the 2022 peak of 16.6155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,071 DZD

2022 Average 74,201 DZD

Yearly Trough Low 60,128 DZD

Transaction Impact: A difference of 9,943.15 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.8825

12.2049

JanuMarcMayJulySeptNove

NOK 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 13.0096, compared to 12.7607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2489 points.

H1 Avg (Jan–Jun) 13.0096

H2 Avg (Jul–Dec) 12.7607

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 1.0481 DZD (High: 13.2986 / Low: 12.2505). On the other end, September was the most stable month, with a tight range of 0.1872 DZD (High: 12.8647 / Low: 12.6775).

December Spread (Volatile) ±1.0481

September Spread (Stable) ±0.1872

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.4250 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.7427) against the same month in 2022 (average: 15.7882), the exchange rate shifted by -2.0455 (-12.96%).

2023 Avg (January) 13.7427

2022 Avg (January) 15.7882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0143	13.4357	13.7427
February	13.7064	13.1026	13.3177
March	13.1331	12.6221	12.9203
April	13.1924	12.5921	12.8934
May	12.9168	12.2272	12.5872
June	12.9209	12.3307	12.5963
July	13.5434	12.6302	13.1506
August	13.3734	12.7330	12.9982
September	12.8647	12.6775	12.7856
October	12.8249	12.1582	12.4842
November	12.6505	12.0256	12.3447
December	13.2986	12.2505	12.8011