2023 LRD to QAR Historical Review

YEARLY HIGH

0.0239 QAR

YEARLY LOW

0.0193 QAR

YEARLY AVERAGE

0.0210 QAR

2023 LRD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0239. Conversely, the yearly low was recorded on November 4, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0046 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0194, the exchange rate registered a net change of -17.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0239 was down 4.55% compared to the 2022 peak of 0.0251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120 QAR

2022 Average 119 QAR

Yearly Trough Low 97 QAR

Transaction Impact: A difference of 23.23 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0239

0.0190

JanuMarcMayJulySeptNove

LRD 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 0.0224, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0224

H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0015 QAR (High: 0.0239 / Low: 0.0224). On the other end, September was the most stable month, with a tight range of 0.0001 QAR (High: 0.0196 / Low: 0.0195).

March Spread (Volatile) ±0.0015

September Spread (Stable) ±0.0001

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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0233) against the same month in 2022 (average: 0.0237), the exchange rate shifted by -0.0004 (-1.62%).

2023 Avg (February) 0.0233

2022 Avg (February) 0.0237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0237	0.0232	0.0235
February	0.0239	0.0230	0.0233
March	0.0239	0.0224	0.0229
April	0.0227	0.0218	0.0223
May	0.0220	0.0215	0.0218
June	0.0216	0.0202	0.0209
July	0.0202	0.0195	0.0198
August	0.0196	0.0195	0.0196
September	0.0196	0.0195	0.0195
October	0.0196	0.0195	0.0195
November	0.0194	0.0193	0.0194
December	0.0194	0.0193	0.0194