YEARLY HIGH
6341.7061 STD
YEARLY LOW
6088.6904 STD
YEARLY AVERAGE
6200.9933 STD

2023 QAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 6341.7061. Conversely, the yearly low was recorded on August 13, dropping to 6088.6904.

This high-to-low spread represents a total annual volatility of 253.0157 STD. From a start-to-finish perspective, comparing the January average rate of 6263.4884 to the December average rate of 6113.6005, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6341.7061 was down 2.50% compared to the 2022 peak of 6504.3755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31,708,530 STD
2022 Average 30,424,113 STD
Yearly Trough Low 30,443,452 STD
Transaction Impact: A difference of 1,265,078.47 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6283.8446
6098.1237
JanuMarcMayJulySeptNove

QAR to STD 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: JanтАУJun) was 6262.7403, compared to 6139.2462 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 123.4940 points.

H1 Avg (JanтАУJun) 6262.7403
H2 Avg (JulтАУDec) 6139.2462

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 170.8335 STD (High: 6290.5259 / Low: 6119.6924). On the other end, May was the most stable month, with a tight range of 9.8238 STD (High: 6271.3039 / Low: 6261.4801).

July Spread (Volatile) ┬▒170.8335
May Spread (Stable) ┬▒9.8238

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 135.9079 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -135.9079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 6261.1557) against the same month in 2022 (average: 5938.4728), the exchange rate shifted by +322.6829 (+5.43%).

2023 Avg (April) 6261.1557
2022 Avg (April) 5938.4728

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 6270.6802 6225.2963 6263.4884
February 6301.5318 6197.9523 6258.3837
March 6326.2711 6209.9591 6258.6931
April 6341.7061 6202.1258 6261.1557
May 6271.3039 6261.4801 6268.3679
June 6275.1023 6235.4258 6266.3527
July 6290.5259 6119.6924 6250.3901
August 6121.2071 6088.6904 6114.4823
September 6122.2196 6107.6834 6118.1778
October 6123.6801 6102.3106 6116.3073
November 6155.3039 6108.1187 6122.5195
December 6120.5329 6097.6197 6113.6005