YEARLY HIGH
2.6071 QAR
YEARLY LOW
2.2926 QAR
YEARLY AVERAGE
2.4216 QAR

2023 AUD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 2.6071. Conversely, the yearly low was recorded on October 25, dropping to 2.2926.

This high-to-low spread represents a total annual volatility of 0.3144 QAR. From a start-to-finish perspective, comparing the January average rate of 2.5360 to the December average rate of 2.4433, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6071 was down 5.60% compared to the 2022 peak of 2.7618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,035 QAR
2022 Average 12,658 QAR
Yearly Trough Low 11,463 QAR
Transaction Impact: A difference of 1,572.20 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5584
2.2899
JanuMarcMayJulySeptNove

AUD 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 2.4646, compared to 2.3786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0860 points.

H1 Avg (Jan–Jun) 2.4646
H2 Avg (Jul–Dec) 2.3786

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1567 QAR (High: 2.6057 / Low: 2.4489). On the other end, September was the most stable month, with a tight range of 0.0447 QAR (High: 2.3561 / Low: 2.3114).

February Spread (Volatile) ±0.1567
September Spread (Stable) ±0.0447

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0884 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5360) against the same month in 2022 (average: 2.6116), the exchange rate shifted by -0.0756 (-2.89%).

2023 Avg (January) 2.5360
2022 Avg (January) 2.6116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6071 2.4505 2.5360
February 2.6057 2.4489 2.5118
March 2.4644 2.3947 2.4365
April 2.4965 2.3790 2.4373
May 2.4689 2.3661 2.4182
June 2.5066 2.3974 2.4477
July 2.5081 2.4124 2.4497
August 2.4095 2.3221 2.3613
September 2.3561 2.3114 2.3389
October 2.3455 2.2926 2.3123
November 2.4235 2.3127 2.3658
December 2.4948 2.3861 2.4433