2023 QAR to BIF Historical Review

YEARLY HIGH

785.5475 BIF

YEARLY LOW

562.3889 BIF

YEARLY AVERAGE

698.7529 BIF

2023 QAR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 785.5475. Conversely, the yearly low was recorded on February 4, dropping to 562.3889.

This high-to-low spread represents a total annual volatility of 223.1585 BIF. From a start-to-finish perspective, comparing the January average rate of 567.7629 to the December average rate of 782.1775, the exchange rate registered a net change of 37.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 785.5475 was up 37.60% compared to the 2022 peak of 570.8726, 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 3,927,737 BIF

2022 Average 2,802,306 BIF

Yearly Trough Low 2,811,945 BIF

Transaction Impact: A difference of 1,115,792.69 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

803.6189

546.3214

JanuMarcMayJulySeptNove

QAR to BIF 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 618.3077, compared to 779.1980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 160.8903 points.

H1 Avg (Jan–Jun) 618.3077

H2 Avg (Jul–Dec) 779.1980

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 204.4004 BIF (High: 775.4716 / Low: 571.0712). On the other end, January was the most stable month, with a tight range of 4.2843 BIF (High: 569.6011 / Low: 565.3167).

May Spread (Volatile) ±204.4004

January Spread (Stable) ±4.2843

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: 782.1775) against the same month in 2022 (average: 566.9903), the exchange rate shifted by +215.1871 (+37.95%).

2023 Avg (December) 782.1775

2022 Avg (December) 566.9903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	569.6011	565.3167	567.7629
February	571.5114	562.3889	568.4762
March	572.6449	564.5886	569.3320
April	579.3228	565.6997	570.4049
May	775.4716	571.0712	657.0927
June	780.5548	771.7791	776.7775
July	781.3551	771.4131	777.2472
August	780.5717	774.9786	777.7172
September	781.6534	775.5858	778.6908
October	782.2027	775.4956	779.1076
November	782.8595	776.2291	780.2479
December	785.5475	780.1526	782.1775