2023 BWP to QAR Historical Review

YEARLY HIGH

0.2882 QAR

YEARLY LOW

0.2629 QAR

YEARLY AVERAGE

0.2730 QAR

2023 BWP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2882. Conversely, the yearly low was recorded on October 5, dropping to 0.2629.

This high-to-low spread represents a total annual volatility of 0.0254 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2853 to the December average rate of 0.2699, the exchange rate registered a net change of -5.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2882 was down 9.61% compared to the 2022 peak of 0.3189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,441 QAR

2022 Average 1,477 QAR

Yearly Trough Low 1,314 QAR

Transaction Impact: A difference of 126.84 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2873

0.2632

JanuMarcMayJulySeptNove

BWP 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 0.2765, compared to 0.2694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.2765

H2 Avg (Jul–Dec) 0.2694

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0136 QAR (High: 0.2870 / Low: 0.2734). On the other end, October was the most stable month, with a tight range of 0.0047 QAR (High: 0.2676 / Low: 0.2629).

February Spread (Volatile) ±0.0136

October Spread (Stable) ±0.0047

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 April and May, when the average rate fell by 0.0074 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2853) against the same month in 2022 (average: 0.3137), the exchange rate shifted by -0.0284 (-9.05%).

2023 Avg (January) 0.2853

2022 Avg (January) 0.3137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2882	0.2823	0.2853
February	0.2870	0.2734	0.2788
March	0.2799	0.2715	0.2759
April	0.2821	0.2718	0.2778
May	0.2768	0.2641	0.2704
June	0.2756	0.2644	0.2710
July	0.2803	0.2683	0.2750
August	0.2755	0.2670	0.2701
September	0.2700	0.2640	0.2669
October	0.2676	0.2629	0.2652
November	0.2728	0.2670	0.2693
December	0.2722	0.2656	0.2699