2023 DOP to QAR Historical Review

YEARLY HIGH

0.0671 QAR

YEARLY LOW

0.0627 QAR

YEARLY AVERAGE

0.0651 QAR

2023 DOP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0671. Conversely, the yearly low was recorded on December 31, dropping to 0.0627.

This high-to-low spread represents a total annual volatility of 0.0044 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0644 to the December average rate of 0.0636, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0671 was down 2.75% compared to the 2022 peak of 0.0690, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 336 QAR

2022 Average 332 QAR

Yearly Trough Low 314 QAR

Transaction Impact: A difference of 22.10 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0671

0.0633

JanuMarcMayJulySeptNove

DOP 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 0.0659, compared to 0.0643 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) 0.0659

H2 Avg (Jul–Dec) 0.0643

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0016 QAR (High: 0.0671 / Low: 0.0655). On the other end, September was the most stable month, with a tight range of 0.0004 QAR (High: 0.0644 / Low: 0.0640).

March Spread (Volatile) ±0.0016

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0664) against the same month in 2022 (average: 0.0663), the exchange rate shifted by +0.0001 (+0.09%).

2023 Avg (March) 0.0664

2022 Avg (March) 0.0663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0649	0.0641	0.0644
February	0.0656	0.0644	0.0649
March	0.0671	0.0655	0.0664
April	0.0670	0.0661	0.0666
May	0.0669	0.0665	0.0668
June	0.0668	0.0658	0.0664
July	0.0662	0.0648	0.0652
August	0.0650	0.0641	0.0644
September	0.0644	0.0640	0.0642
October	0.0644	0.0640	0.0641
November	0.0645	0.0637	0.0641
December	0.0641	0.0627	0.0636