YEARLY HIGH
0.2108 QAR
YEARLY LOW
0.1895 QAR
YEARLY AVERAGE
0.2014 QAR

2023 MDL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2108. Conversely, the yearly low was recorded on January 8, dropping to 0.1895.

This high-to-low spread represents a total annual volatility of 0.0213 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1919 to the December average rate of 0.2070, the exchange rate registered a net change of 7.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2108 was up 2.78% compared to the 2022 peak of 0.2051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,054 QAR
2022 Average 966 QAR
Yearly Trough Low 948 QAR
Transaction Impact: A difference of 106.42 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2085
0.1904
JanuMarcMayJulySeptNove

MDL 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 0.1988, compared to 0.2040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.1988
H2 Avg (Jul–Dec) 0.2040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0122 QAR (High: 0.2107 / Low: 0.1985). On the other end, May was the most stable month, with a tight range of 0.0032 QAR (High: 0.2062 / Low: 0.2030).

July Spread (Volatile) ±0.0122
May Spread (Stable) ±0.0032

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 August and September, when the average rate fell by 0.0035 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2070) against the same month in 2022 (average: 0.1887), the exchange rate shifted by +0.0184 (+9.74%).

2023 Avg (December) 0.2070
2022 Avg (December) 0.1887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1957 0.1895 0.1919
February 0.1966 0.1924 0.1943
March 0.1989 0.1930 0.1960
April 0.2038 0.1989 0.2021
May 0.2062 0.2030 0.2049
June 0.2055 0.1990 0.2035
July 0.2107 0.1985 0.2035
August 0.2080 0.2043 0.2061
September 0.2052 0.1991 0.2026
October 0.2028 0.1994 0.2009
November 0.2061 0.2007 0.2039
December 0.2108 0.2034 0.2070