2023 SHP to DZD Historical Review

YEARLY HIGH

176.8642 DZD

YEARLY LOW

161.8747 DZD

YEARLY AVERAGE

169.0471 DZD

2023 SHP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SHP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 176.8642. Conversely, the yearly low was recorded on March 7, dropping to 161.8747.

This high-to-low spread represents a total annual volatility of 14.9895 DZD. From a start-to-finish perspective, comparing the January average rate of 166.9976 to the December average rate of 170.3797, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 176.8642 was down 7.67% compared to the 2022 peak of 191.5626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 884,321 DZD

2022 Average 878,985 DZD

Yearly Trough Low 809,374 DZD

Transaction Impact: A difference of 74,947.55 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

175.0170

163.6895

JanuMarcMayJulySeptNove

SHP 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 167.8287, compared to 170.2655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4368 points.

H1 Avg (Jan–Jun) 167.8287

H2 Avg (Jul–Dec) 170.2655

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 6.1093 DZD (High: 170.6114 / Low: 164.5021). On the other end, August was the most stable month, with a tight range of 2.0729 DZD (High: 173.8986 / Low: 171.8257).

November Spread (Volatile) ±6.1093

August Spread (Stable) ±2.0729

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.9495 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.9495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 174.0730) against the same month in 2022 (average: 175.9550), the exchange rate shifted by -1.8820 (-1.07%).

2023 Avg (July) 174.0730

2022 Avg (July) 175.9550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	168.7175	164.1186	166.9976
February	167.8969	162.8297	164.6335
March	167.9196	161.8747	165.2278
April	170.3342	166.8664	168.5805
May	171.2888	168.4999	169.7675
June	174.0166	169.4960	171.7652
July	176.8642	172.1135	174.0730
August	173.8986	171.8257	172.8675
September	172.5575	166.9018	169.9181
October	168.8949	164.9941	167.1178
November	170.6114	164.5021	167.2367
December	171.9420	168.8302	170.3797