2023 XOF to DZD Historical Review

YEARLY HIGH

0.2311 DZD

YEARLY LOW

0.2191 DZD

YEARLY AVERAGE

0.2243 DZD

2023 XOF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XOF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.2311. Conversely, the yearly low was recorded on October 31, dropping to 0.2191.

This high-to-low spread represents a total annual volatility of 0.0120 DZD. From a start-to-finish perspective, comparing the January average rate of 0.2243 to the December average rate of 0.2240, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2311 was down 5.88% compared to the 2022 peak of 0.2455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,156 DZD

2022 Average 1,142 DZD

Yearly Trough Low 1,096 DZD

Transaction Impact: A difference of 59.88 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2285

0.2205

JanuMarcMayJulySeptNove

XOF 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 0.2244, compared to 0.2241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2244

H2 Avg (Jul–Dec) 0.2241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0080 DZD (High: 0.2311 / Low: 0.2231). On the other end, August was the most stable month, with a tight range of 0.0030 DZD (High: 0.2278 / Low: 0.2249).

May Spread (Volatile) ±0.0080

August Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.2257) against the same month in 2022 (average: 0.2346), the exchange rate shifted by -0.0089 (-3.81%).

2023 Avg (May) 0.2257

2022 Avg (May) 0.2346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2259	0.2210	0.2243
February	0.2275	0.2200	0.2226
March	0.2254	0.2201	0.2223
April	0.2298	0.2237	0.2269
May	0.2311	0.2231	0.2257
June	0.2270	0.2224	0.2247
July	0.2305	0.2249	0.2279
August	0.2278	0.2249	0.2264
September	0.2249	0.2203	0.2233
October	0.2233	0.2191	0.2212
November	0.2251	0.2194	0.2220
December	0.2275	0.2207	0.2240