2023 KWD to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 KWD to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the KWD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 449.3061. Conversely, the yearly low was recorded on November 14, dropping to 433.8590.
This high-to-low spread represents a total annual volatility of 15.4471 DZD. From a start-to-finish perspective, comparing the January average rate of 446.3830 to the December average rate of 436.9088, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 449.3061 was down 6.22% compared to the 2022 peak of 479.0828, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
KWD to DZD 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 444.0221, compared to 440.6878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3343 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 6.9303 DZD (High: 446.3792 / Low: 439.4489). On the other end, December was the most stable month, with a tight range of 2.1340 DZD (High: 437.7416 / Low: 435.6076).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 7.7313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 446.3830) against the same month in 2022 (average: 461.9934), the exchange rate shifted by -15.6104 (-3.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 449.3061 | 444.2464 | 446.3830 |
| February | 447.4236 | 443.0360 | 445.8885 |
| March | 446.4489 | 442.0666 | 444.0376 |
| April | 443.1217 | 440.3045 | 442.0738 |
| May | 444.9934 | 441.4566 | 443.3439 |
| June | 444.6255 | 439.6664 | 442.4058 |
| July | 444.5286 | 438.3067 | 440.6344 |
| August | 443.5904 | 440.2673 | 441.9688 |
| September | 445.4567 | 443.3085 | 444.3080 |
| October | 446.3792 | 439.4489 | 444.0191 |
| November | 439.7812 | 433.8590 | 436.2878 |
| December | 437.7416 | 435.6076 | 436.9088 |