2023 QAR to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 QAR to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the QAR to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 117.5326. Conversely, the yearly low was recorded on September 23, dropping to 105.1664.
This high-to-low spread represents a total annual volatility of 12.3661 AMD. From a start-to-finish perspective, comparing the January average rate of 108.5456 to the December average rate of 110.9595, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 117.5326 was down 17.50% compared to the 2022 peak of 142.4672, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
QAR to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 106.9656, compared to 108.4733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5077 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 8.7546 AMD (High: 117.5326 / Low: 108.7780). On the other end, November was the most stable month, with a tight range of 0.7998 AMD (High: 110.6920 / Low: 109.8923).
Growth Streaks & Declines
TrendsBetween August and October, 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 February and March, when the average rate fell by 1.6018 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 110.8993) against the same month in 2022 (average: 110.8063), the exchange rate shifted by +0.0930 (+0.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 108.9395 | 107.6392 | 108.5456 |
| February | 108.9111 | 106.6299 | 108.0519 |
| March | 107.0444 | 105.5862 | 106.4501 |
| April | 107.3915 | 105.6077 | 106.5039 |
| May | 106.6885 | 105.6159 | 106.1701 |
| June | 106.3712 | 105.5213 | 106.0718 |
| July | 107.4490 | 105.4065 | 106.4192 |
| August | 106.3872 | 105.4673 | 106.0480 |
| September | 109.0660 | 105.1664 | 106.0928 |
| October | 117.5326 | 108.7780 | 110.8993 |
| November | 110.6920 | 109.8923 | 110.4208 |
| December | 111.7435 | 110.4375 | 110.9595 |