2023 QAR to JPY Historical Review

YEARLY HIGH

41.6763 JPY

YEARLY LOW

35.1225 JPY

YEARLY AVERAGE

38.5626 JPY

2023 QAR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 41.6763. Conversely, the yearly low was recorded on January 16, dropping to 35.1225.

This high-to-low spread represents a total annual volatility of 6.5538 JPY. From a start-to-finish perspective, comparing the January average rate of 35.7240 to the December average rate of 39.4199, the exchange rate registered a net change of 10.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 41.6763 was up 1.03% compared to the 2022 peak of 41.2499, 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 208,381 JPY

2022 Average 180,367 JPY

Yearly Trough Low 175,612 JPY

Transaction Impact: A difference of 32,769.00 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.7069

35.1801

JanuMarcMayJulySeptNove

QAR to JPY 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 37.0027, compared to 40.1225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1198 points.

H1 Avg (Jan–Jun) 37.0027

H2 Avg (Jul–Dec) 40.1225

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 2.3044 JPY (High: 37.9009 / Low: 35.5965). On the other end, October was the most stable month, with a tight range of 0.8383 JPY (High: 41.4913 / Low: 40.6529).

April Spread (Volatile) ±2.3044

October Spread (Stable) ±0.8383

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.7431 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.7431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 41.1630) against the same month in 2022 (average: 38.9400), the exchange rate shifted by +2.2230 (+5.71%).

2023 Avg (November) 41.1630

2022 Avg (November) 38.9400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.6169	35.1225	35.7240
February	37.4828	35.2776	36.5240
March	37.7339	35.5745	36.6343
April	37.9009	35.5965	36.6401
May	38.6694	36.8293	37.6910
June	39.7683	38.0645	38.8026
July	39.7204	37.9198	38.7775
August	40.2101	38.8893	39.7358
September	41.0588	40.0988	40.5860
October	41.4913	40.6529	41.0529
November	41.6763	40.3911	41.1630
December	40.4607	38.6050	39.4199