2023 SGD to DZD Historical Review

YEARLY HIGH

103.8300 DZD

YEARLY LOW

98.9066 DZD

YEARLY AVERAGE

101.2349 DZD

2023 SGD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SGD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 103.8300. Conversely, the yearly low was recorded on November 11, dropping to 98.9066.

This high-to-low spread represents a total annual volatility of 4.9234 DZD. From a start-to-finish perspective, comparing the January average rate of 102.9693 to the December average rate of 101.0377, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 103.8300 was down 2.37% compared to the 2022 peak of 106.3503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 519,150 DZD

2022 Average 515,574 DZD

Yearly Trough Low 494,533 DZD

Transaction Impact: A difference of 24,617.14 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

103.2844

99.5038

JanuMarcMayJulySeptNove

SGD 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 101.8412, compared to 100.6285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2127 points.

H1 Avg (Jan–Jun) 101.8412

H2 Avg (Jul–Dec) 100.6285

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.6488 DZD (High: 103.8300 / Low: 101.1813). On the other end, September was the most stable month, with a tight range of 0.8755 DZD (High: 101.0630 / Low: 100.1876).

February Spread (Volatile) ±2.6488

September Spread (Stable) ±0.8755

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 February and March, when the average rate fell by 0.8576 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.8576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 102.3711) against the same month in 2022 (average: 104.4269), the exchange rate shifted by -2.0559 (-1.97%).

2023 Avg (February) 102.3711

2022 Avg (February) 104.4269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.4746	102.2179	102.9693
February	103.8300	101.1813	102.3711
March	102.2990	100.6991	101.5134
April	102.3771	100.6753	101.6919
May	102.4112	100.9788	101.5468
June	101.5051	99.9540	100.9548
July	102.0129	100.3964	101.2476
August	101.6254	99.9512	100.7443
September	101.0630	100.1876	100.6132
October	100.9123	99.2169	100.3094
November	100.8831	98.9066	99.8189
December	101.8300	100.2012	101.0377