YEARLY HIGH
30.5910 ALL
YEARLY LOW
24.6114 ALL
YEARLY AVERAGE
27.6180 ALL

2023 QAR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 30.5910. Conversely, the yearly low was recorded on July 20, dropping to 24.6114.

This high-to-low spread represents a total annual volatility of 5.9796 ALL. From a start-to-finish perspective, comparing the January average rate of 29.6202 to the December average rate of 25.8378, the exchange rate registered a net change of -12.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.5910 was down 7.94% compared to the 2022 peak of 33.2308, 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 152,955 ALL
2022 Average 155,132 ALL
Yearly Trough Low 123,057 ALL
Transaction Impact: A difference of 29,897.96 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.0238
25.2842
JanuMarcMayJulySeptNove

QAR to ALL 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 28.6568, compared to 26.5792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0776 points.

H1 Avg (Jan–Jun) 28.6568
H2 Avg (Jul–Dec) 26.5792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 2.5650 ALL (High: 28.0926 / Low: 25.5276). On the other end, September was the most stable month, with a tight range of 0.5480 ALL (High: 27.8208 / Low: 27.2727).

August Spread (Volatile) ±2.5650
September Spread (Stable) ±0.5480

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.5126 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 29.6202) against the same month in 2022 (average: 29.4445), the exchange rate shifted by +0.1757 (+0.60%).

2023 Avg (January) 29.6202
2022 Avg (January) 29.4445

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.5910 29.2492 29.6202
February 29.8905 29.0842 29.6289
March 29.8480 28.6226 29.3141
April 28.6460 27.5224 28.0955
May 28.7752 27.6702 28.0905
June 28.0081 26.7377 27.1918
July 26.8814 24.6114 25.6791
August 28.0926 25.5276 26.5875
September 27.8208 27.2727 27.4875
October 27.8161 27.1838 27.4845
November 27.4252 25.6043 26.3986
December 26.1823 25.4864 25.8378