2023 QAR to ARS Historical Review

YEARLY HIGH

222.5444 ARS

YEARLY LOW

48.5094 ARS

YEARLY AVERAGE

81.0344 ARS

2023 QAR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 222.5444. Conversely, the yearly low was recorded on January 1, dropping to 48.5094.

This high-to-low spread represents a total annual volatility of 174.0350 ARS. From a start-to-finish perspective, comparing the January average rate of 49.9557 to the December average rate of 173.3821, the exchange rate registered a net change of 247.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 222.5444 was up 357.40% compared to the 2022 peak of 48.6537, 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 1,112,722 ARS

2022 Average 179,327 ARS

Yearly Trough Low 242,547 ARS

Transaction Impact: A difference of 870,175.03 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

185.7247

37.6131

JanuMarcMayJulySeptNove

QAR to ARS 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 58.1043, compared to 103.9645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.8602 points.

H1 Avg (Jan–Jun) 58.1043

H2 Avg (Jul–Dec) 103.9645

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 123.6352 ARS (High: 222.5444 / Low: 98.9092). On the other end, September was the most stable month, with a tight range of 0.2853 ARS (High: 96.1366 / Low: 95.8513).

December Spread (Volatile) ±123.6352

September Spread (Stable) ±0.2853

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 173.3821) against the same month in 2022 (average: 47.2591), the exchange rate shifted by +126.1230 (+266.88%).

2023 Avg (December) 173.3821

2022 Avg (December) 47.2591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.1841	48.5094	49.9557
February	54.0498	50.9759	52.5865
March	57.2835	54.2293	55.5376
April	61.5351	57.1763	59.0381
May	65.7529	61.0659	63.3748
June	70.4481	65.8710	68.1327
July	75.6174	70.0237	72.9828
August	96.1298	75.8545	88.2098
September	96.1366	95.8513	96.0740
October	96.4613	95.8640	96.0775
November	98.9880	95.4883	97.0604
December	222.5444	98.9092	173.3821