2023 QAR to DJF Historical Review

YEARLY HIGH

49.1648 DJF

YEARLY LOW

48.3318 DJF

YEARLY AVERAGE

48.8112 DJF

2023 QAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 49.1648. Conversely, the yearly low was recorded on April 4, dropping to 48.3318.

This high-to-low spread represents a total annual volatility of 0.8330 DJF. From a start-to-finish perspective, comparing the January average rate of 48.7787 to the December average rate of 48.8654, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.1648 was down 0.39% compared to the 2022 peak of 49.3555, 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 245,824 DJF

2022 Average 244,278 DJF

Yearly Trough Low 241,659 DJF

Transaction Impact: A difference of 4,165.06 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

48.8962

48.6984

JanuMarcMayJulySeptNove

QAR to DJF 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 48.7887, compared to 48.8337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0450 points.

H1 Avg (Jan–Jun) 48.7887

H2 Avg (Jul–Dec) 48.8337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.6782 DJF (High: 49.1623 / Low: 48.4841). On the other end, May was the most stable month, with a tight range of 0.2192 DJF (High: 48.9680 / Low: 48.7488).

August Spread (Volatile) ±0.6782

May Spread (Stable) ±0.2192

Growth Streaks & Declines

Trends

Between March and June, 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 0.0884 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 48.8654) against the same month in 2022 (average: 48.7877), the exchange rate shifted by +0.0776 (+0.16%).

2023 Avg (December) 48.8654

2022 Avg (December) 48.7877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.8773	48.5124	48.7787
February	49.0284	48.6296	48.8033
March	48.9323	48.3835	48.7149
April	48.9507	48.3318	48.7276
May	48.9680	48.7488	48.8451
June	49.0387	48.5984	48.8623
July	49.0112	48.5049	48.8040
August	49.1623	48.4841	48.8202
September	49.1623	48.7286	48.8797
October	49.0250	48.6844	48.8220
November	49.0651	48.6289	48.8107
December	49.1648	48.6643	48.8654