YEARLY HIGH
250.0674 KPW
YEARLY LOW
244.3989 KPW
YEARLY AVERAGE
247.0275 KPW

2023 QAR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 250.0674. Conversely, the yearly low was recorded on February 5, dropping to 244.3989.

This high-to-low spread represents a total annual volatility of 5.6685 KPW. From a start-to-finish perspective, comparing the January average rate of 246.9831 to the December average rate of 246.9388, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 250.0674 was up 0.93% compared to the 2022 peak of 247.7539, 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 1,250,337 KPW
2022 Average 1,235,008 KPW
Yearly Trough Low 1,221,994 KPW
Transaction Impact: A difference of 28,342.63 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

247.3508
246.7301
JanuMarcMayJulySeptNove

QAR to KPW 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 246.9536, compared to 247.1015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1479 points.

H1 Avg (Jan–Jun) 246.9536
H2 Avg (Jul–Dec) 247.1015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 5.5040 KPW (High: 250.0674 / Low: 244.5634). On the other end, May was the most stable month, with a tight range of 0.3874 KPW (High: 247.2913 / Low: 246.9039).

April Spread (Volatile) ±5.5040
May Spread (Stable) ±0.3874

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.3603 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 246.8911) against the same month in 2022 (average: 247.1444), the exchange rate shifted by -0.2533 (-0.10%).

2023 Avg (April) 246.8911
2022 Avg (April) 247.1444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 247.2667 245.4771 246.9831
February 248.4832 244.3989 246.7818
March 249.4587 244.8723 246.7940
April 250.0674 244.5634 246.8911
May 247.2913 246.9039 247.1755
June 247.4410 245.8765 247.0960
July 248.0608 246.8608 247.2251
August 247.2460 245.9326 246.9744
September 247.2869 246.6998 247.1237
October 247.3459 246.4828 247.0481
November 248.6232 246.7174 247.2990
December 247.2188 246.2933 246.9388