2023 QAR to CDF Historical Review

YEARLY HIGH

767.0664 CDF

YEARLY LOW

555.3285 CDF

YEARLY AVERAGE

640.9688 CDF

2023 QAR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 767.0664. Conversely, the yearly low was recorded on February 4, dropping to 555.3285.

This high-to-low spread represents a total annual volatility of 211.7379 CDF. From a start-to-finish perspective, comparing the January average rate of 562.2219 to the December average rate of 747.0003, the exchange rate registered a net change of 32.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 767.0664 was up 35.09% compared to the 2022 peak of 567.8284, 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 3,835,332 CDF

2022 Average 2,771,521 CDF

Yearly Trough Low 2,776,643 CDF

Transaction Impact: A difference of 1,058,689.61 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

765.4782

543.7440

JanuMarcMayJulySeptNove

QAR to CDF 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 585.8080, compared to 696.1297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 110.3218 points.

H1 Avg (Jan–Jun) 585.8080

H2 Avg (Jul–Dec) 696.1297

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 80.7588 CDF (High: 641.3073 / Low: 560.5485). On the other end, March was the most stable month, with a tight range of 8.9131 CDF (High: 570.5720 / Low: 561.6589).

May Spread (Volatile) ±80.7588

March Spread (Stable) ±8.9131

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: 747.0003) against the same month in 2022 (average: 561.0813), the exchange rate shifted by +185.9191 (+33.14%).

2023 Avg (December) 747.0003

2022 Avg (December) 561.0813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	567.9985	556.6387	562.2219
February	571.0969	555.3285	565.5442
March	570.5720	561.6589	567.0597
April	602.7483	556.0044	570.9558
May	641.3073	560.5485	601.0649
June	661.9061	636.5470	648.0013
July	700.3570	661.9061	678.2329
August	682.9870	670.1456	679.5145
September	687.3463	675.0884	681.9880
October	713.6060	678.6618	691.2595
November	747.7133	678.3566	698.7831
December	767.0664	731.9418	747.0003