2023 DZD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DZD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DZD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 315.8398. Conversely, the yearly low was recorded on January 5, dropping to 304.0402.
This high-to-low spread represents a total annual volatility of 11.7996 IRR. From a start-to-finish perspective, comparing the January average rate of 307.4634 to the December average rate of 313.9429, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 315.8398 was up 2.77% compared to the 2022 peak of 307.3196, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DZD to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 310.0484, compared to 311.1422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0938 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 8.1620 IRR (High: 312.2438 / Low: 304.0818). On the other end, September was the most stable month, with a tight range of 2.2416 IRR (High: 309.0631 / Low: 306.8214).
Growth Streaks & Declines
TrendsBetween January and April, 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 2.6143 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 314.0056) against the same month in 2022 (average: 304.4642), the exchange rate shifted by +9.5414 (+3.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 311.3729 | 304.0402 | 307.4634 |
| February | 312.2438 | 304.0818 | 309.3779 |
| March | 312.7594 | 306.3859 | 309.7588 |
| April | 314.3048 | 309.9885 | 311.9853 |
| May | 312.6317 | 308.9926 | 310.6736 |
| June | 312.7356 | 309.2162 | 311.0311 |
| July | 315.0376 | 310.9191 | 312.5443 |
| August | 312.1782 | 308.7292 | 310.6397 |
| September | 309.0631 | 306.8214 | 308.0254 |
| October | 310.8496 | 306.0146 | 307.6952 |
| November | 315.8398 | 310.6595 | 314.0056 |
| December | 315.1134 | 312.8024 | 313.9429 |