2023 DZD to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DZD to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DZD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 156.7111. Conversely, the yearly low was recorded on January 5, dropping to 128.1831.
This high-to-low spread represents a total annual volatility of 28.5280 SLL. From a start-to-finish perspective, comparing the January average rate of 129.5155 to the December average rate of 155.8891, the exchange rate registered a net change of 20.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 156.7111 was up 21.67% compared to the 2022 peak of 128.8017, 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 SLL 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 129.8266, compared to 150.8680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.0414 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 24.7963 SLL (High: 154.7551 / Low: 129.9588). On the other end, December was the most stable month, with a tight range of 0.8718 SLL (High: 156.3131 / Low: 155.4413).
Growth Streaks & Declines
TrendsBetween May and August, 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 1.1985 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 155.8254) against the same month in 2022 (average: 126.6726), the exchange rate shifted by +29.1528 (+23.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 130.3413 | 128.1831 | 129.5155 |
| February | 130.7059 | 128.8366 | 129.4488 |
| March | 130.7668 | 129.0246 | 129.7796 |
| April | 131.4129 | 129.5316 | 130.4174 |
| May | 130.6361 | 129.0756 | 129.8284 |
| June | 130.6795 | 129.1325 | 129.9698 |
| July | 154.7551 | 129.9588 | 133.8388 |
| August | 154.7113 | 153.1929 | 154.0690 |
| September | 153.3940 | 152.2815 | 152.8706 |
| October | 154.3264 | 151.9260 | 152.7151 |
| November | 156.7111 | 154.2777 | 155.8254 |
| December | 156.3131 | 155.4413 | 155.8891 |