2023 QAR to GBP Historical Review

YEARLY HIGH

0.2322 GBP

YEARLY LOW

0.2092 GBP

YEARLY AVERAGE

0.2208 GBP

2023 QAR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.2322. Conversely, the yearly low was recorded on July 13, dropping to 0.2092.

This high-to-low spread represents a total annual volatility of 0.0230 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2242 to the December average rate of 0.2166, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2322 was down 9.31% compared to the 2022 peak of 0.2561, 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 1,161 GBP

2022 Average 1,114 GBP

Yearly Trough Low 1,046 GBP

Transaction Impact: A difference of 115.09 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2287

0.2119

JanuMarcMayJulySeptNove

QAR to GBP 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 0.2225, compared to 0.2191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.2225

H2 Avg (Jul–Dec) 0.2191

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0105 GBP (High: 0.2322 / Low: 0.2217). On the other end, August was the most stable month, with a tight range of 0.0037 GBP (High: 0.2183 / Low: 0.2146).

March Spread (Volatile) ±0.0105

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 March and April, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2259) against the same month in 2022 (average: 0.2086), the exchange rate shifted by +0.0173 (+8.31%).

2023 Avg (March) 0.2259

2022 Avg (March) 0.2086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2306	0.2211	0.2242
February	0.2300	0.2214	0.2273
March	0.2322	0.2217	0.2259
April	0.2233	0.2174	0.2204
May	0.2230	0.2173	0.2201
June	0.2210	0.2137	0.2173
July	0.2164	0.2092	0.2133
August	0.2183	0.2146	0.2161
September	0.2263	0.2172	0.2217
October	0.2274	0.2229	0.2255
November	0.2253	0.2160	0.2211
December	0.2189	0.2146	0.2166