2023 QAR to AWG Historical Review

YEARLY HIGH

0.5001 AWG

YEARLY LOW

0.4847 AWG

YEARLY AVERAGE

0.4943 AWG

2023 QAR to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.5001. Conversely, the yearly low was recorded on November 23, dropping to 0.4847.

This high-to-low spread represents a total annual volatility of 0.0155 AWG. From a start-to-finish perspective, comparing the January average rate of 0.4943 to the December average rate of 0.4942, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5001 was up 0.79% compared to the 2022 peak of 0.4962, 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 2,501 AWG

2022 Average 2,470 AWG

Yearly Trough Low 2,423 AWG

Transaction Impact: A difference of 77.36 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4951

0.4936

JanuMarcMayJulySeptNove

QAR to AWG 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 0.4942, compared to 0.4943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4942

H2 Avg (Jul–Dec) 0.4943

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0126 AWG (High: 0.4972 / Low: 0.4847). On the other end, May was the most stable month, with a tight range of 0.0008 AWG (High: 0.4951 / Low: 0.4943).

November Spread (Volatile) ±0.0126

May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4941) against the same month in 2022 (average: 0.4943), the exchange rate shifted by -0.0002 (-0.04%).

2023 Avg (April) 0.4941

2022 Avg (April) 0.4943

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4951	0.4917	0.4943
February	0.4970	0.4895	0.4938
March	0.4989	0.4897	0.4938
April	0.5001	0.4893	0.4941
May	0.4951	0.4943	0.4947
June	0.4951	0.4924	0.4946
July	0.4968	0.4939	0.4949
August	0.4951	0.4925	0.4943
September	0.4951	0.4934	0.4944
October	0.4952	0.4931	0.4944
November	0.4972	0.4847	0.4938
December	0.4951	0.4927	0.4942