2023 QAR to IRR Historical Review

YEARLY HIGH

11739.2742 IRR

YEARLY LOW

11327.7929 IRR

YEARLY AVERAGE

11588.2027 IRR

2023 QAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 11739.2742. Conversely, the yearly low was recorded on March 26, dropping to 11327.7929.

This high-to-low spread represents a total annual volatility of 411.4813 IRR. From a start-to-finish perspective, comparing the January average rate of 11508.1388 to the December average rate of 11586.9831, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11739.2742 was up 0.68% compared to the 2022 peak of 11660.4862, 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 58,696,371 IRR

2022 Average 58,001,263 IRR

Yearly Trough Low 56,638,964 IRR

Transaction Impact: A difference of 2,057,406.61 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11621.1951

11497.8610

JanuMarcMayJulySeptNove

QAR to IRR 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 11575.8146, compared to 11600.5909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.7763 points.

H1 Avg (Jan–Jun) 11575.8146

H2 Avg (Jul–Dec) 11600.5909

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 382.9093 IRR (High: 11710.7021 / Low: 11327.7929). On the other end, May was the most stable month, with a tight range of 19.2568 IRR (High: 11622.4597 / Low: 11603.2029).

March Spread (Volatile) ±382.9093

May Spread (Stable) ±19.2568

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 23.9341 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -23.9341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 11592.4491) against the same month in 2022 (average: 11621.7371), the exchange rate shifted by -29.2880 (-0.25%).

2023 Avg (April) 11592.4491

2022 Avg (April) 11621.7371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11590.2225	11393.6272	11508.1388
February	11664.9066	11407.8349	11576.4366
March	11710.7021	11327.7929	11561.9811
April	11739.2742	11484.5422	11592.4491
May	11622.4597	11603.2029	11609.4512
June	11626.1503	11556.1962	11606.4309
July	11651.4236	11525.4022	11604.2281
August	11624.5537	11545.1700	11602.1571
September	11608.8718	11581.1838	11601.7235
October	11610.6918	11574.4196	11597.5364
November	11668.7178	11582.8591	11610.9172
December	11610.8212	11502.1176	11586.9831