2023 MVR to QAR Historical Review

YEARLY HIGH

0.2399 QAR

YEARLY LOW

0.2343 QAR

YEARLY AVERAGE

0.2370 QAR

2023 MVR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MVR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.2399. Conversely, the yearly low was recorded on March 18, dropping to 0.2343.

This high-to-low spread represents a total annual volatility of 0.0056 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2369 to the December average rate of 0.2371, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2399 was down 0.10% compared to the 2022 peak of 0.2401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,200 QAR

2022 Average 1,181 QAR

Yearly Trough Low 1,171 QAR

Transaction Impact: A difference of 28.15 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2377

0.2361

JanuMarcMayJulySeptNove

MVR 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 0.2373, compared to 0.2368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2373

H2 Avg (Jul–Dec) 0.2368

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0054 QAR (High: 0.2397 / Low: 0.2343). On the other end, October was the most stable month, with a tight range of 0.0012 QAR (High: 0.2374 / Low: 0.2362).

April Spread (Volatile) ±0.0054

October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2375) against the same month in 2022 (average: 0.2357), the exchange rate shifted by +0.0018 (+0.77%).

2023 Avg (February) 0.2375

2022 Avg (February) 0.2357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2387	0.2363	0.2369
February	0.2399	0.2358	0.2375
March	0.2396	0.2343	0.2372
April	0.2397	0.2343	0.2374
May	0.2382	0.2369	0.2373
June	0.2384	0.2370	0.2374
July	0.2378	0.2355	0.2368
August	0.2382	0.2364	0.2371
September	0.2369	0.2353	0.2362
October	0.2374	0.2362	0.2367
November	0.2389	0.2354	0.2369
December	0.2381	0.2364	0.2371