YEARLY HIGH
37.8703 DZD
YEARLY LOW
34.7701 DZD
YEARLY AVERAGE
36.3574 DZD

2023 PEN to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 37.8703. Conversely, the yearly low was recorded on January 26, dropping to 34.7701.

This high-to-low spread represents a total annual volatility of 3.1003 DZD. From a start-to-finish perspective, comparing the January average rate of 35.6793 to the December average rate of 36.0055, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.8703 was down 4.71% compared to the 2022 peak of 39.7416, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 189,352 DZD
2022 Average 185,496 DZD
Yearly Trough Low 173,850 DZD
Transaction Impact: A difference of 15,501.28 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.7628
35.3608
JanuMarcMayJulySeptNove

PEN 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 36.2582, compared to 36.4566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1984 points.

H1 Avg (Jan–Jun) 36.2582
H2 Avg (Jul–Dec) 36.4566

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.4606 DZD (High: 36.2306 / Low: 34.7701). On the other end, March was the most stable month, with a tight range of 0.4731 DZD (High: 36.2797 / Low: 35.8065).

January Spread (Volatile) ±1.4606
March Spread (Stable) ±0.4731

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0665 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0665

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 37.5627) against the same month in 2022 (average: 37.6102), the exchange rate shifted by -0.0475 (-0.13%).

2023 Avg (July) 37.5627
2022 Avg (July) 37.6102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.2306 34.7701 35.6793
February 35.9773 35.0144 35.5610
March 36.2797 35.8065 36.0374
April 36.5667 35.7500 36.0535
May 37.3186 36.4807 36.9386
June 37.6302 36.8657 37.2798
July 37.8703 37.1442 37.5627
August 37.6135 36.4294 36.8704
September 37.1035 36.1677 36.8377
October 36.3497 35.1762 35.7712
November 36.1017 34.9083 35.6922
December 36.3930 35.4778 36.0055