YEARLY HIGH
2.2481 PKR
YEARLY LOW
1.6481 PKR
YEARLY AVERAGE
2.0560 PKR

2023 DZD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 2.2481. Conversely, the yearly low was recorded on January 5, dropping to 1.6481.

This high-to-low spread represents a total annual volatility of 0.6000 PKR. From a start-to-finish perspective, comparing the January average rate of 1.7139 to the December average rate of 2.0966, the exchange rate registered a net change of 22.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2481 was up 31.31% compared to the 2022 peak of 1.7121, 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 11,240 PKR
2022 Average 7,205 PKR
Yearly Trough Low 8,240 PKR
Transaction Impact: A difference of 2,999.94 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2161
1.6683
JanuMarcMayJulySeptNove

DZD to PKR 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 2.0033, compared to 2.1087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1054 points.

H1 Avg (Jan–Jun) 2.0033
H2 Avg (Jul–Dec) 2.1087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3234 PKR (High: 1.9715 / Low: 1.6481). On the other end, June was the most stable month, with a tight range of 0.0308 PKR (High: 2.1201 / Low: 2.0894).

January Spread (Volatile) ±0.3234
June Spread (Stable) ±0.0308

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1358 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.1704) against the same month in 2022 (average: 1.6382), the exchange rate shifted by +0.5323 (+32.49%).

2023 Avg (September) 2.1704
2022 Avg (September) 1.6382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9715 1.6481 1.7139
February 2.0180 1.8382 1.9454
March 2.0927 1.9227 2.0582
April 2.1319 2.0611 2.0942
May 2.1753 2.0845 2.0997
June 2.1201 2.0894 2.1086
July 2.1328 2.0075 2.0835
August 2.2390 2.0895 2.1561
September 2.2481 2.0888 2.1704
October 2.1020 1.9993 2.0347
November 2.1515 2.0553 2.1112
December 2.1176 2.0712 2.0966