YEARLY HIGH
0.1288 DZD
YEARLY LOW
0.1063 DZD
YEARLY AVERAGE
0.1177 DZD

2023 RWF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RWF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1288. Conversely, the yearly low was recorded on December 28, dropping to 0.1063.

This high-to-low spread represents a total annual volatility of 0.0225 DZD. From a start-to-finish perspective, comparing the January average rate of 0.1269 to the December average rate of 0.1073, the exchange rate registered a net change of -15.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1288 was down 10.52% compared to the 2022 peak of 0.1439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 644 DZD
2022 Average 686 DZD
Yearly Trough Low 531 DZD
Transaction Impact: A difference of 112.69 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1289
0.1053
JanuMarcMayJulySeptNove

RWF 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 0.1232, compared to 0.1122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.1232
H2 Avg (Jul–Dec) 0.1122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0058 DZD (High: 0.1210 / Low: 0.1151). On the other end, May was the most stable month, with a tight range of 0.0018 DZD (High: 0.1221 / Low: 0.1204).

June Spread (Volatile) ±0.0058
May Spread (Stable) ±0.0018

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 0.0033 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1269) against the same month in 2022 (average: 0.1361), the exchange rate shifted by -0.0091 (-6.72%).

2023 Avg (January) 0.1269
2022 Avg (January) 0.1361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1288 0.1253 0.1269
February 0.1267 0.1244 0.1256
March 0.1257 0.1220 0.1244
April 0.1233 0.1193 0.1221
May 0.1221 0.1204 0.1213
June 0.1210 0.1151 0.1188
July 0.1179 0.1141 0.1157
August 0.1160 0.1140 0.1151
September 0.1150 0.1123 0.1140
October 0.1138 0.1105 0.1124
November 0.1104 0.1078 0.1090
December 0.1085 0.1063 0.1073