2023 QAR to CRC Historical Review

YEARLY HIGH

162.4267 CRC

YEARLY LOW

142.4961 CRC

YEARLY AVERAGE

148.6730 CRC

2023 QAR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 162.4267. Conversely, the yearly low was recorded on December 29, dropping to 142.4961.

This high-to-low spread represents a total annual volatility of 19.9306 CRC. From a start-to-finish perspective, comparing the January average rate of 157.7286 to the December average rate of 144.0968, the exchange rate registered a net change of -8.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 162.4267 was down 14.50% compared to the 2022 peak of 189.9636, 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 812,133 CRC

2022 Average 885,355 CRC

Yearly Trough Low 712,480 CRC

Transaction Impact: A difference of 99,653.05 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

159.0918

142.7337

JanuMarcMayJulySeptNove

QAR to CRC 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 150.8483, compared to 146.4978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3505 points.

H1 Avg (Jan–Jun) 150.8483

H2 Avg (Jul–Dec) 146.4978

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 11.7816 CRC (High: 162.4267 / Low: 150.6451). On the other end, June was the most stable month, with a tight range of 1.6831 CRC (High: 149.1142 / Low: 147.4311).

January Spread (Volatile) ±11.7816

June Spread (Stable) ±1.6831

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 5.3475 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.3475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 157.7286) against the same month in 2022 (average: 175.4614), the exchange rate shifted by -17.7328 (-10.11%).

2023 Avg (January) 157.7286

2022 Avg (January) 175.4614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	162.4267	150.6451	157.7286
February	159.7745	151.2782	154.9645
March	153.5884	146.9814	149.6170
April	148.5171	145.4708	146.9246
May	149.2590	146.3649	147.6076
June	149.1142	147.4311	148.2473
July	150.6285	147.0263	148.3811
August	149.6860	146.2186	147.6920
September	148.0383	145.3387	147.0555
October	147.2890	145.4509	146.0026
November	146.8049	144.7553	145.7588
December	145.4340	142.4961	144.0968