2023 QAR to EUR Historical Review

YEARLY HIGH

0.2623 EUR

YEARLY LOW

0.2442 EUR

YEARLY AVERAGE

0.2537 EUR

2023 QAR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.2623. Conversely, the yearly low was recorded on July 17, dropping to 0.2442.

This high-to-low spread represents a total annual volatility of 0.0181 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2544 to the December average rate of 0.2512, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2623 was down 8.35% compared to the 2022 peak of 0.2862, 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 1,312 EUR

2022 Average 1,305 EUR

Yearly Trough Low 1,221 EUR

Transaction Impact: A difference of 90.53 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2609

0.2473

JanuMarcMayJulySeptNove

QAR to EUR 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 0.2536, compared to 0.2537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2536

H2 Avg (Jul–Dec) 0.2537

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0118 EUR (High: 0.2567 / Low: 0.2450). On the other end, October was the most stable month, with a tight range of 0.0050 EUR (High: 0.2623 / Low: 0.2573).

May Spread (Volatile) ±0.0118

October Spread (Stable) ±0.0050

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 March and April, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2598) against the same month in 2022 (average: 0.2791), the exchange rate shifted by -0.0193 (-6.92%).

2023 Avg (October) 0.2598

2022 Avg (October) 0.2791

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2611	0.2511	0.2544
February	0.2602	0.2491	0.2562
March	0.2604	0.2510	0.2559
April	0.2539	0.2464	0.2496
May	0.2567	0.2450	0.2525
June	0.2567	0.2499	0.2532
July	0.2530	0.2442	0.2484
August	0.2544	0.2488	0.2515
September	0.2614	0.2540	0.2571
October	0.2623	0.2573	0.2598
November	0.2591	0.2496	0.2540
December	0.2551	0.2473	0.2512