YEARLY HIGH
0.2588 CHF
YEARLY LOW
0.2302 CHF
YEARLY AVERAGE
0.2467 CHF

2023 QAR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.2588. Conversely, the yearly low was recorded on December 30, dropping to 0.2302.

This high-to-low spread represents a total annual volatility of 0.0286 CHF. From a start-to-finish perspective, comparing the January average rate of 0.2536 to the December average rate of 0.2370, the exchange rate registered a net change of -6.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2588 was down 7.01% compared to the 2022 peak of 0.2783, 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 1,294 CHF
2022 Average 1,310 CHF
Yearly Trough Low 1,151 CHF
Transaction Impact: A difference of 143.09 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2558
0.2353
JanuMarcMayJulySeptNove

QAR to CHF 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 0.2503, compared to 0.2430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.2503
H2 Avg (Jul–Dec) 0.2430

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0115 CHF (High: 0.2417 / Low: 0.2302). On the other end, August was the most stable month, with a tight range of 0.0037 CHF (High: 0.2431 / Low: 0.2394).

December Spread (Volatile) ±0.0115
August Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between July and October, 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 0.0079 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2537) against the same month in 2022 (average: 0.2552), the exchange rate shifted by -0.0015 (-0.57%).

2023 Avg (March) 0.2537
2022 Avg (March) 0.2552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2571 0.2500 0.2536
February 0.2584 0.2489 0.2541
March 0.2588 0.2499 0.2537
April 0.2517 0.2437 0.2466
May 0.2499 0.2425 0.2467
June 0.2498 0.2450 0.2471
July 0.2468 0.2354 0.2402
August 0.2431 0.2394 0.2411
September 0.2529 0.2425 0.2469
October 0.2530 0.2446 0.2480
November 0.2489 0.2401 0.2449
December 0.2417 0.2302 0.2370