YEARLY HIGH
7.3469 DZD
YEARLY LOW
4.5387 DZD
YEARLY AVERAGE
5.8996 DZD

2023 TRY to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TRY to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 7.3469. Conversely, the yearly low was recorded on December 28, dropping to 4.5387.

This high-to-low spread represents a total annual volatility of 2.8083 DZD. From a start-to-finish perspective, comparing the January average rate of 7.2625 to the December average rate of 4.6227, the exchange rate registered a net change of -36.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7.3469 was down 31.04% compared to the 2022 peak of 10.6533, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 367,347 DZD
2022 Average 435,045 DZD
Yearly Trough Low 226,934 DZD
Transaction Impact: A difference of 140,412.57 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.5265
4.3587
JanuMarcMayJulySeptNove

TRY 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 6.8851, compared to 4.9141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9709 points.

H1 Avg (Jan–Jun) 6.8851
H2 Avg (Jul–Dec) 4.9141

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.3333 DZD (High: 6.5306 / Low: 5.1973). On the other end, February was the most stable month, with a tight range of 0.0865 DZD (High: 7.2678 / Low: 7.1813).

June Spread (Volatile) ±1.3333
February Spread (Stable) ±0.0865

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 May and June, when the average rate fell by 1.1245 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 7.2625) against the same month in 2022 (average: 10.3294), the exchange rate shifted by -3.0669 (-29.69%).

2023 Avg (January) 7.2625
2022 Avg (January) 10.3294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.3469 7.2061 7.2625
February 7.2678 7.1813 7.2398
March 7.2427 7.0679 7.1640
April 7.0816 6.9101 7.0027
May 6.9641 6.5929 6.8829
June 6.5306 5.1973 5.7584
July 5.2777 4.9845 5.1069
August 5.2720 4.9950 5.0572
September 5.1210 5.0109 5.0786
October 5.0176 4.8001 4.9241
November 4.7981 4.6332 4.6952
December 4.6680 4.5387 4.6227