2023 QAR to BBD Historical Review

YEARLY HIGH

0.5557 BBD

YEARLY LOW

0.5431 BBD

YEARLY AVERAGE

0.5490 BBD

2023 QAR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.5557. Conversely, the yearly low was recorded on February 5, dropping to 0.5431.

This high-to-low spread represents a total annual volatility of 0.0126 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5489 to the December average rate of 0.5488, 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 0.5557 was up 0.93% compared to the 2022 peak of 0.5506, 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 2,779 BBD

2022 Average 2,744 BBD

Yearly Trough Low 2,716 BBD

Transaction Impact: A difference of 62.98 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5497

0.5483

JanuMarcMayJulySeptNove

QAR to BBD 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 0.5488, compared to 0.5491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.5488

H2 Avg (Jul–Dec) 0.5491

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0122 BBD (High: 0.5557 / Low: 0.5435). On the other end, May was the most stable month, with a tight range of 0.0009 BBD (High: 0.5495 / Low: 0.5487).

April Spread (Volatile) ±0.0122

May Spread (Stable) ±0.0009

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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.5486) against the same month in 2022 (average: 0.5492), the exchange rate shifted by -0.0006 (-0.10%).

2023 Avg (April) 0.5486

2022 Avg (April) 0.5492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5495	0.5455	0.5489
February	0.5522	0.5431	0.5484
March	0.5544	0.5442	0.5484
April	0.5557	0.5435	0.5486
May	0.5495	0.5487	0.5493
June	0.5499	0.5464	0.5491
July	0.5512	0.5486	0.5494
August	0.5494	0.5465	0.5488
September	0.5495	0.5482	0.5492
October	0.5497	0.5477	0.5490
November	0.5525	0.5483	0.5496
December	0.5494	0.5473	0.5488