YEARLY HIGH
0.0206 QAR
YEARLY LOW
0.0045 QAR
YEARLY AVERAGE
0.0140 QAR

2023 ARS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0206. Conversely, the yearly low was recorded on December 31, dropping to 0.0045.

This high-to-low spread represents a total annual volatility of 0.0161 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0067, the exchange rate registered a net change of -66.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0206 was down 41.88% compared to the 2022 peak of 0.0355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103 QAR
2022 Average 143 QAR
Yearly Trough Low 22 QAR
Transaction Impact: A difference of 80.61 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0214
0.0053
JanuMarcMayJulySeptNove

ARS 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 0.0174, compared to 0.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.0174
H2 Avg (Jul–Dec) 0.0105

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0056 QAR (High: 0.0101 / Low: 0.0045). On the other end, September was the most stable month, with a tight range of 0.0000 QAR (High: 0.0104 / Low: 0.0104).

December Spread (Volatile) ±0.0056
September 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 November and December, when the average rate fell by 0.0036 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0200) against the same month in 2022 (average: 0.0350), the exchange rate shifted by -0.0150 (-42.87%).

2023 Avg (January) 0.0200
2022 Avg (January) 0.0350

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0206 0.0195 0.0200
February 0.0196 0.0185 0.0190
March 0.0184 0.0175 0.0180
April 0.0175 0.0163 0.0169
May 0.0164 0.0152 0.0158
June 0.0152 0.0142 0.0147
July 0.0143 0.0132 0.0137
August 0.0132 0.0104 0.0115
September 0.0104 0.0104 0.0104
October 0.0104 0.0104 0.0104
November 0.0105 0.0101 0.0103
December 0.0101 0.0045 0.0067