YEARLY HIGH
0.5007 ANG
YEARLY LOW
0.4881 ANG
YEARLY AVERAGE
0.4945 ANG

2023 QAR to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.5007. Conversely, the yearly low was recorded on March 19, dropping to 0.4881.

This high-to-low spread represents a total annual volatility of 0.0127 ANG. From a start-to-finish perspective, comparing the January average rate of 0.4946 to the December average rate of 0.4950, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5007 was up 0.19% compared to the 2022 peak of 0.4998, 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 2,504 ANG
2022 Average 2,473 ANG
Yearly Trough Low 2,440 ANG
Transaction Impact: A difference of 63.36 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4952
0.4933
JanuMarcMayJulySeptNove

QAR to ANG 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 0.4943, compared to 0.4947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4943
H2 Avg (Jul–Dec) 0.4947

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0106 ANG (High: 0.5007 / Low: 0.4901). On the other end, September was the most stable month, with a tight range of 0.0028 ANG (High: 0.4961 / Low: 0.4932).

April Spread (Volatile) ±0.0106
September Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between March and May, 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 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4939) against the same month in 2022 (average: 0.4955), the exchange rate shifted by -0.0016 (-0.33%).

2023 Avg (April) 0.4939
2022 Avg (April) 0.4955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4954 0.4915 0.4946
February 0.4977 0.4894 0.4942
March 0.4954 0.4881 0.4935
April 0.5007 0.4901 0.4939
May 0.4966 0.4934 0.4948
June 0.4963 0.4924 0.4947
July 0.4964 0.4904 0.4945
August 0.4952 0.4918 0.4946
September 0.4961 0.4932 0.4948
October 0.4957 0.4928 0.4944
November 0.4984 0.4915 0.4947
December 0.4977 0.4941 0.4950