2023 QAR to GMD Historical Review

YEARLY HIGH

18.5183 GMD

YEARLY LOW

16.2743 GMD

YEARLY AVERAGE

17.0980 GMD

2023 QAR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 18.5183. Conversely, the yearly low was recorded on June 3, dropping to 16.2743.

This high-to-low spread represents a total annual volatility of 2.2440 GMD. From a start-to-finish perspective, comparing the January average rate of 17.0214 to the December average rate of 18.4799, the exchange rate registered a net change of 8.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.5183 was up 8.00% compared to the 2022 peak of 17.1462, 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 92,591 GMD

2022 Average 76,013 GMD

Yearly Trough Low 81,371 GMD

Transaction Impact: A difference of 11,219.85 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.6949

16.1155

JanuMarcMayJulySeptNove

QAR to GMD 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 16.7202, compared to 17.4757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7555 points.

H1 Avg (Jan–Jun) 16.7202

H2 Avg (Jul–Dec) 17.4757

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.2730 GMD (High: 17.8660 / Low: 16.5929). On the other end, June was the most stable month, with a tight range of 0.1058 GMD (High: 16.3801 / Low: 16.2743).

September Spread (Volatile) ±1.2730

June Spread (Stable) ±0.1058

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5495 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18.4799) against the same month in 2022 (average: 17.0241), the exchange rate shifted by +1.4558 (+8.55%).

2023 Avg (December) 18.4799

2022 Avg (December) 17.0241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.1587	16.7735	17.0214
February	16.8972	16.5648	16.7536
March	17.0750	16.6376	16.8334
April	17.1130	16.4391	16.9661
May	16.5339	16.3505	16.4166
June	16.3801	16.2743	16.3305
July	16.4813	16.3477	16.3837
August	16.7111	16.5003	16.6253
September	17.8660	16.5929	16.9734
October	18.1183	17.6676	18.0111
November	18.5091	17.8440	18.3810
December	18.5183	18.3729	18.4799