2023 BND to QAR Historical Review

YEARLY HIGH

2.7885 QAR

YEARLY LOW

2.6471 QAR

YEARLY AVERAGE

2.7142 QAR

2023 BND to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.7885. Conversely, the yearly low was recorded on October 3, dropping to 2.6471.

This high-to-low spread represents a total annual volatility of 0.1414 QAR. From a start-to-finish perspective, comparing the January average rate of 2.7463 to the December average rate of 2.7357, the exchange rate registered a net change of -0.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7885 was up 2.53% compared to the 2022 peak of 2.7196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,942 QAR

2022 Average 13,218 QAR

Yearly Trough Low 13,236 QAR

Transaction Impact: A difference of 706.79 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7548

2.6532

JanuMarcMayJulySeptNove

BND 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 2.7289, compared to 2.6994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0296 points.

H1 Avg (Jan–Jun) 2.7289

H2 Avg (Jul–Dec) 2.6994

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0896 QAR (High: 2.7885 / Low: 2.6989). On the other end, October was the most stable month, with a tight range of 0.0275 QAR (High: 2.6746 / Low: 2.6471).

February Spread (Volatile) ±0.0896

October Spread (Stable) ±0.0275

Growth Streaks & Declines

Trends

Between October and December, 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 0.0298 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.7384) against the same month in 2022 (average: 2.7048), the exchange rate shifted by +0.0336 (+1.24%).

2023 Avg (February) 2.7384

2022 Avg (February) 2.7048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7836	2.6987	2.7463
February	2.7885	2.6989	2.7384
March	2.7679	2.6888	2.7221
April	2.7722	2.6920	2.7406
May	2.7501	2.6884	2.7197
June	2.7273	2.6812	2.7066
July	2.7630	2.6812	2.7281
August	2.7331	2.6803	2.6984
September	2.7002	2.6534	2.6733
October	2.6746	2.6471	2.6617
November	2.7318	2.6599	2.6992
December	2.7635	2.7090	2.7357