2023 SAR to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SAR to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SAR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 36.8007. Conversely, the yearly low was recorded on November 14, dropping to 35.6746.
This high-to-low spread represents a total annual volatility of 1.1262 DZD. From a start-to-finish perspective, comparing the January average rate of 36.3119 to the December average rate of 35.8612, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 36.8007 was down 6.23% compared to the 2022 peak of 39.2443, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SAR 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 36.2616, compared to 36.2082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0534 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 0.5778 DZD (High: 36.8007 / Low: 36.2230). On the other end, December was the most stable month, with a tight range of 0.1867 DZD (High: 35.9626 / Low: 35.7760).
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 0.7236 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 36.6090) against the same month in 2022 (average: 37.3655), the exchange rate shifted by -0.7565 (-2.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.6662 | 36.1002 | 36.3119 |
| February | 36.5548 | 36.0177 | 36.3758 |
| March | 36.4647 | 35.9820 | 36.2513 |
| April | 36.3461 | 35.8377 | 36.1095 |
| May | 36.4929 | 36.0491 | 36.2809 |
| June | 36.4793 | 36.0367 | 36.2404 |
| July | 36.2539 | 35.7711 | 36.0362 |
| August | 36.4892 | 36.1289 | 36.2841 |
| September | 36.7159 | 36.4486 | 36.5735 |
| October | 36.8007 | 36.2230 | 36.6090 |
| November | 36.2317 | 35.6746 | 35.8854 |
| December | 35.9626 | 35.7760 | 35.8612 |