YEARLY HIGH
37.9084 DZD
YEARLY LOW
36.7136 DZD
YEARLY AVERAGE
37.3116 DZD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 189,542 DZD
2022 Average 195,026 DZD
Yearly Trough Low 183,568 DZD
Transaction Impact: A difference of 5,974.03 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.7708
36.8295
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 37.3363
H2 Avg (Jul–Dec) 37.2869

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±0.9803
December Spread (Stable) ±0.3112

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 October and November, when the average rate fell by 0.7149 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7149

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (October) 37.6924
2022 Avg (October) 38.5514

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