YEARLY HIGH
0.6223 INR
YEARLY LOW
0.5945 INR
YEARLY AVERAGE
0.6074 INR

2023 DZD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.6223. Conversely, the yearly low was recorded on January 12, dropping to 0.5945.

This high-to-low spread represents a total annual volatility of 0.0278 INR. From a start-to-finish perspective, comparing the January average rate of 0.5992 to the December average rate of 0.6188, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6223 was up 3.14% compared to the 2022 peak of 0.6034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,111 INR
2022 Average 2,767 INR
Yearly Trough Low 2,972 INR
Transaction Impact: A difference of 139.15 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6208
0.5972
JanuMarcMayJulySeptNove

DZD to INR 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 0.6039, compared to 0.6110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.6039
H2 Avg (Jul–Dec) 0.6110

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0123 INR (High: 0.6110 / Low: 0.5987). On the other end, June was the most stable month, with a tight range of 0.0035 INR (High: 0.6063 / Low: 0.6028).

March Spread (Volatile) ±0.0123
June Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.6188) against the same month in 2022 (average: 0.5860), the exchange rate shifted by +0.0327 (+5.58%).

2023 Avg (November) 0.6188
2022 Avg (November) 0.5860

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6032 0.5945 0.5992
February 0.6104 0.6029 0.6055
March 0.6110 0.5987 0.6042
April 0.6082 0.6012 0.6050
May 0.6089 0.6028 0.6050
June 0.6063 0.6028 0.6046
July 0.6121 0.6039 0.6081
August 0.6129 0.6031 0.6086
September 0.6076 0.6034 0.6054
October 0.6129 0.6030 0.6061
November 0.6223 0.6125 0.6188
December 0.6208 0.6164 0.6188