YEARLY HIGH
0.6068 DZD
YEARLY LOW
0.4448 DZD
YEARLY AVERAGE
0.4884 DZD

2023 PKR to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PKR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.6068. Conversely, the yearly low was recorded on September 5, dropping to 0.4448.

This high-to-low spread represents a total annual volatility of 0.1619 DZD. From a start-to-finish perspective, comparing the January average rate of 0.5848 to the December average rate of 0.4770, the exchange rate registered a net change of -18.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6068 was down 24.84% compared to the 2022 peak of 0.8073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 303,381 DZD
2022 Average 351,013 DZD
Yearly Trough Low 222,412 DZD
Transaction Impact: A difference of 80,968.93 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5972
0.4487
JanuMarcMayJulySeptNove

PKR to DZD 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 0.5022, compared to 0.4746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0276 points.

H1 Avg (Jan–Jun) 0.5022
H2 Avg (Jul–Dec) 0.4746

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0995 DZD (High: 0.6068 / Low: 0.5072). On the other end, June was the most stable month, with a tight range of 0.0069 DZD (High: 0.4786 / Low: 0.4717).

January Spread (Volatile) ±0.0995
June Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0705 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5848) against the same month in 2022 (average: 0.7916), the exchange rate shifted by -0.2067 (-26.11%).

2023 Avg (January) 0.5848
2022 Avg (January) 0.7916

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6068 0.5072 0.5848
February 0.5440 0.4955 0.5143
March 0.5201 0.4779 0.4860
April 0.4852 0.4691 0.4775
May 0.4797 0.4597 0.4763
June 0.4786 0.4717 0.4742
July 0.4981 0.4689 0.4801
August 0.4786 0.4466 0.4640
September 0.4787 0.4448 0.4610
October 0.5002 0.4757 0.4915
November 0.4866 0.4648 0.4737
December 0.4828 0.4722 0.4770