YEARLY HIGH
138.0245 DZD
YEARLY LOW
133.8099 DZD
YEARLY AVERAGE
135.9381 DZD

2023 ZMW to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ZMW to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 138.0245. Conversely, the yearly low was recorded on November 14, dropping to 133.8099.

This high-to-low spread represents a total annual volatility of 4.2145 DZD. From a start-to-finish perspective, comparing the January average rate of 136.3962 to the December average rate of 134.5158, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 138.0245 was down 6.34% compared to the 2022 peak of 147.3599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 690,122 DZD
2022 Average 710,623 DZD
Yearly Trough Low 669,050 DZD
Transaction Impact: A difference of 21,072.69 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

137.5936
134.2360
JanuMarcMayJulySeptNove

ZMW 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 136.0688, compared to 135.8073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2615 points.

H1 Avg (Jan–Jun) 136.0688
H2 Avg (Jul–Dec) 135.8073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.2819 DZD (High: 137.8107 / Low: 135.5288). On the other end, December was the most stable month, with a tight range of 0.7524 DZD (High: 134.9030 / Low: 134.1506).

January Spread (Volatile) ±2.2819
December Spread (Stable) ±0.7524

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.7414 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.7414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 137.3138) against the same month in 2022 (average: 140.4324), the exchange rate shifted by -3.1186 (-2.22%).

2023 Avg (October) 137.3138
2022 Avg (October) 140.4324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 137.8107 135.5288 136.3962
February 137.1117 135.1508 136.4649
March 136.9119 135.0879 136.1168
April 136.3760 134.4237 135.4506
May 136.8577 135.2230 136.0666
June 136.7975 135.1781 135.9176
July 135.9277 134.1903 135.1640
August 136.8830 135.5396 136.1058
September 137.7023 136.7035 137.1721
October 138.0245 135.8776 137.3138
November 135.9205 133.8099 134.5725
December 134.9030 134.1506 134.5158