2023 BBD to QAR Historical Review

YEARLY HIGH

1.8413 QAR

YEARLY LOW

1.7995 QAR

YEARLY AVERAGE

1.8217 QAR

2023 BBD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.8413. Conversely, the yearly low was recorded on April 30, dropping to 1.7995.

This high-to-low spread represents a total annual volatility of 0.0417 QAR. From a start-to-finish perspective, comparing the January average rate of 1.8220 to the December average rate of 1.8223, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8413 was up 0.14% compared to the 2022 peak of 1.8386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,206 QAR

2022 Average 9,109 QAR

Yearly Trough Low 8,998 QAR

Transaction Impact: A difference of 208.69 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8239

1.8193

JanuMarcMayJulySeptNove

BBD 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 1.8222, compared to 1.8211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.8222

H2 Avg (Jul–Dec) 1.8211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0405 QAR (High: 1.8400 / Low: 1.7995). On the other end, May was the most stable month, with a tight range of 0.0029 QAR (High: 1.8226 / Low: 1.8197).

April Spread (Volatile) ±0.0405

May Spread (Stable) ±0.0029

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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.8235) against the same month in 2022 (average: 1.8208), the exchange rate shifted by +0.0027 (+0.15%).

2023 Avg (February) 1.8235

2022 Avg (February) 1.8208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8332	1.8199	1.8220
February	1.8413	1.8110	1.8235
March	1.8377	1.8039	1.8234
April	1.8400	1.7995	1.8227
May	1.8226	1.8197	1.8206
June	1.8302	1.8186	1.8212
July	1.8229	1.8141	1.8202
August	1.8298	1.8200	1.8221
September	1.8241	1.8197	1.8210
October	1.8257	1.8193	1.8215
November	1.8239	1.8100	1.8197
December	1.8271	1.8202	1.8223