YEARLY HIGH
0.1446 ZAR
YEARLY LOW
0.1227 ZAR
YEARLY AVERAGE
0.1357 ZAR

2023 DZD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1446. Conversely, the yearly low was recorded on January 12, dropping to 0.1227.

This high-to-low spread represents a total annual volatility of 0.0219 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1252 to the December average rate of 0.1382, the exchange rate registered a net change of 10.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1446 was up 10.19% compared to the 2022 peak of 0.1312, 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 723 ZAR
2022 Average 577 ZAR
Yearly Trough Low 614 ZAR
Transaction Impact: A difference of 109.44 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1419
0.1237
JanuMarcMayJulySeptNove

DZD to ZAR 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 0.1339, compared to 0.1376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1339
H2 Avg (Jul–Dec) 0.1376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0111 ZAR (High: 0.1409 / Low: 0.1298). On the other end, September was the most stable month, with a tight range of 0.0037 ZAR (High: 0.1402 / Low: 0.1365).

July Spread (Volatile) ±0.0111
September Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1404) against the same month in 2022 (average: 0.1092), the exchange rate shifted by +0.0311 (+28.52%).

2023 Avg (May) 0.1404
2022 Avg (May) 0.1092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1281 0.1227 0.1252
February 0.1348 0.1258 0.1313
March 0.1390 0.1310 0.1342
April 0.1361 0.1310 0.1341
May 0.1446 0.1352 0.1404
June 0.1438 0.1341 0.1379
July 0.1409 0.1298 0.1348
August 0.1411 0.1348 0.1380
September 0.1402 0.1365 0.1383
October 0.1417 0.1363 0.1386
November 0.1406 0.1344 0.1378
December 0.1417 0.1358 0.1382