YEARLY HIGH
0.0101 SGD
YEARLY LOW
0.0096 SGD
YEARLY AVERAGE
0.0099 SGD

2023 DZD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0101. Conversely, the yearly low was recorded on February 1, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0005 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0097 to the December average rate of 0.0099, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0101 was down 1.22% compared to the 2022 peak of 0.0102, 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 51 SGD
2022 Average 49 SGD
Yearly Trough Low 48 SGD
Transaction Impact: A difference of 2.40 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0100
0.0097
JanuMarcMayJulySeptNove

DZD to SGD 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 0.0098, compared to 0.0099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0098
H2 Avg (Jul–Dec) 0.0099

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0003 SGD (High: 0.0099 / Low: 0.0096). On the other end, September was the most stable month, with a tight range of 0.0001 SGD (High: 0.0100 / Low: 0.0099).

February Spread (Volatile) ±0.0003
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0100) against the same month in 2022 (average: 0.0100), the exchange rate shifted by +0.0001 (+0.68%).

2023 Avg (November) 0.0100
2022 Avg (November) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0098 0.0097 0.0097
February 0.0099 0.0096 0.0098
March 0.0099 0.0098 0.0099
April 0.0099 0.0098 0.0098
May 0.0099 0.0098 0.0098
June 0.0100 0.0099 0.0099
July 0.0100 0.0098 0.0099
August 0.0100 0.0098 0.0099
September 0.0100 0.0099 0.0099
October 0.0101 0.0099 0.0100
November 0.0101 0.0099 0.0100
December 0.0100 0.0098 0.0099