2023 BZD to QAR Historical Review

YEARLY HIGH

1.8320 QAR

YEARLY LOW

1.7856 QAR

YEARLY AVERAGE

1.8084 QAR

2023 BZD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.8320. Conversely, the yearly low was recorded on April 29, dropping to 1.7856.

This high-to-low spread represents a total annual volatility of 0.0463 QAR. From a start-to-finish perspective, comparing the January average rate of 1.8078 to the December average rate of 1.8063, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8320 was up 0.22% compared to the 2022 peak of 1.8279, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,160 QAR

2022 Average 9,039 QAR

Yearly Trough Low 8,928 QAR

Transaction Impact: A difference of 231.61 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8145

1.8055

JanuMarcMayJulySeptNove

BZD 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 1.8093, compared to 1.8076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 1.8093

H2 Avg (Jul–Dec) 1.8076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0386 QAR (High: 1.8242 / Low: 1.7856). On the other end, May was the most stable month, with a tight range of 0.0079 QAR (High: 1.8120 / Low: 1.8041).

April Spread (Volatile) ±0.0386

May Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.8137) against the same month in 2022 (average: 1.8070), the exchange rate shifted by +0.0067 (+0.37%).

2023 Avg (March) 1.8137

2022 Avg (March) 1.8070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8189	1.8048	1.8078
February	1.8270	1.7964	1.8091
March	1.8320	1.8056	1.8137
April	1.8242	1.7856	1.8103
May	1.8120	1.8041	1.8073
June	1.8156	1.8014	1.8073
July	1.8233	1.8011	1.8082
August	1.8179	1.8056	1.8079
September	1.8128	1.8025	1.8072
October	1.8143	1.8038	1.8086
November	1.8194	1.7970	1.8076
December	1.8097	1.7966	1.8063