YEARLY HIGH
0.0073 QAR
YEARLY LOW
0.0043 QAR
YEARLY AVERAGE
0.0056 QAR

2023 AOA to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0073. Conversely, the yearly low was recorded on November 4, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0030 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0044, the exchange rate registered a net change of -39.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0073 was down 19.17% compared to the 2022 peak of 0.0090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 QAR
2022 Average 40 QAR
Yearly Trough Low 22 QAR
Transaction Impact: A difference of 14.76 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0075
0.0041
JanuMarcMayJulySeptNove

AOA to QAR 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 0.0068, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0068
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0018 QAR (High: 0.0062 / Low: 0.0044). On the other end, July was the most stable month, with a tight range of 0.0000 QAR (High: 0.0044 / Low: 0.0044).

June Spread (Volatile) ±0.0018
July Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0072) against the same month in 2022 (average: 0.0071), the exchange rate shifted by +0.0001 (+2.00%).

2023 Avg (February) 0.0072
2022 Avg (February) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0072 0.0072
February 0.0073 0.0072 0.0072
March 0.0073 0.0071 0.0072
April 0.0073 0.0071 0.0072
May 0.0072 0.0062 0.0069
June 0.0062 0.0044 0.0052
July 0.0044 0.0044 0.0044
August 0.0044 0.0044 0.0044
September 0.0044 0.0044 0.0044
October 0.0044 0.0044 0.0044
November 0.0044 0.0043 0.0044
December 0.0044 0.0044 0.0044