2023 NZD to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NZD to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NZD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 88.3071. Conversely, the yearly low was recorded on October 31, dropping to 78.9035.
This high-to-low spread represents a total annual volatility of 9.4037 DZD. From a start-to-finish perspective, comparing the January average rate of 87.3680 to the December average rate of 83.7872, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 88.3071 was down 11.45% compared to the 2022 peak of 99.7261, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NZD 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 84.9224, compared to 82.0648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8576 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 4.2574 DZD (High: 88.3071 / Low: 84.0498). On the other end, September was the most stable month, with a tight range of 1.9144 DZD (High: 82.3497 / Low: 80.4353).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.6152 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 85.7055) against the same month in 2022 (average: 93.9189), the exchange rate shifted by -8.2134 (-8.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.2410 | 85.8055 | 87.3680 |
| February | 88.3071 | 84.0498 | 85.7055 |
| March | 85.4566 | 83.3914 | 84.4891 |
| April | 85.6767 | 82.7675 | 84.1139 |
| May | 86.4204 | 82.4342 | 84.4630 |
| June | 84.5766 | 82.2227 | 83.3947 |
| July | 86.1065 | 83.0292 | 84.1161 |
| August | 83.2777 | 80.4799 | 81.5009 |
| September | 82.3497 | 80.4353 | 81.3186 |
| October | 82.9785 | 78.9035 | 80.9500 |
| November | 82.9080 | 79.1978 | 80.7159 |
| December | 85.2734 | 82.4551 | 83.7872 |