2023 QAR to BTN Historical Review

YEARLY HIGH

23.0217 BTN

YEARLY LOW

22.2586 BTN

YEARLY AVERAGE

22.6574 BTN

2023 QAR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 23.0217. Conversely, the yearly low was recorded on January 22, dropping to 22.2586.

This high-to-low spread represents a total annual volatility of 0.7631 BTN. From a start-to-finish perspective, comparing the January average rate of 22.4545 to the December average rate of 22.8616, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.0217 was up 0.88% compared to the 2022 peak of 22.8198, 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 115,108 BTN

2022 Average 107,832 BTN

Yearly Trough Low 111,293 BTN

Transaction Impact: A difference of 3,815.38 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.9023

22.4138

JanuMarcMayJulySeptNove

QAR to BTN 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 22.5456, compared to 22.7692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2236 points.

H1 Avg (Jan–Jun) 22.5456

H2 Avg (Jul–Dec) 22.7692

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.5027 BTN (High: 22.7613 / Low: 22.2586). On the other end, October was the most stable month, with a tight range of 0.1205 BTN (High: 22.8768 / Low: 22.7563).

January Spread (Volatile) ±0.5027

October Spread (Stable) ±0.1205

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1044 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 22.8601) against the same month in 2022 (average: 22.4157), the exchange rate shifted by +0.4444 (+1.98%).

2023 Avg (November) 22.8601

2022 Avg (November) 22.4157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.7613	22.2586	22.4545
February	22.8684	22.4275	22.6473
March	22.7509	22.3648	22.5429
April	22.7277	22.2939	22.4652
May	22.7527	22.4238	22.5989
June	22.7054	22.3987	22.5648
July	22.7376	22.3803	22.5525
August	22.9029	22.5455	22.7241
September	22.8775	22.6794	22.7923
October	22.8768	22.7563	22.8246
November	23.0217	22.6944	22.8601
December	22.9654	22.7737	22.8616