2023 QAR to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 QAR to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the QAR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 37.9084. Conversely, the yearly low was recorded on December 25, dropping to 36.7136.
This high-to-low spread represents a total annual volatility of 1.1948 DZD. From a start-to-finish perspective, comparing the January average rate of 37.4306 to the December average rate of 36.9080, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 37.9084 was down 5.92% compared to the 2022 peak of 40.2954, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
QAR 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 37.3363, compared to 37.2869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0494 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.9803 DZD (High: 37.7816 / Low: 36.8013). On the other end, December was the most stable month, with a tight range of 0.3112 DZD (High: 37.0248 / Low: 36.7136).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.7149 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 37.6924) against the same month in 2022 (average: 38.5514), the exchange rate shifted by -0.8591 (-2.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.8497 | 37.0734 | 37.4306 |
| February | 37.7816 | 36.8013 | 37.4191 |
| March | 37.6028 | 36.9242 | 37.3254 |
| April | 37.6379 | 36.8016 | 37.1571 |
| May | 37.5786 | 37.1255 | 37.3692 |
| June | 37.5714 | 37.1266 | 37.3163 |
| July | 37.4211 | 36.8724 | 37.1288 |
| August | 37.5824 | 37.1468 | 37.3496 |
| September | 37.8199 | 37.4719 | 37.6650 |
| October | 37.9084 | 37.2563 | 37.6924 |
| November | 37.4195 | 36.7425 | 36.9774 |
| December | 37.0248 | 36.7136 | 36.9080 |