2023 QAR to KZT Historical Review

YEARLY HIGH

131.8203 KZT

YEARLY LOW

118.4324 KZT

YEARLY AVERAGE

125.2797 KZT

2023 QAR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 131.8203. Conversely, the yearly low was recorded on March 5, dropping to 118.4324.

This high-to-low spread represents a total annual volatility of 13.3879 KZT. From a start-to-finish perspective, comparing the January average rate of 126.9399 to the December average rate of 125.9840, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 131.8203 was down 8.41% compared to the 2022 peak of 143.9212, 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 659,102 KZT

2022 Average 633,532 KZT

Yearly Trough Low 592,162 KZT

Transaction Impact: A difference of 66,939.69 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

131.6280

121.4141

JanuMarcMayJulySeptNove

QAR to KZT 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 124.0064, compared to 126.5531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5467 points.

H1 Avg (Jan–Jun) 124.0064

H2 Avg (Jul–Dec) 126.5531

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 9.2199 KZT (High: 127.6523 / Low: 118.4324). On the other end, December was the most stable month, with a tight range of 1.7178 KZT (High: 126.9972 / Low: 125.2793).

March Spread (Volatile) ±9.2199

December Spread (Stable) ±1.7178

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 October and November, when the average rate fell by 3.5109 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.5109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 128.6703) against the same month in 2022 (average: 130.4801), the exchange rate shifted by -1.8098 (-1.39%).

2023 Avg (September) 128.6703

2022 Avg (September) 130.4801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	127.9235	125.6158	126.9399
February	126.3227	121.9456	123.7973
March	127.6523	118.4324	123.7360
April	125.5406	121.4354	123.8806
May	123.8971	121.4227	122.5186
June	124.8013	121.9586	123.1658
July	124.0197	121.4983	122.2653
August	127.6428	121.5540	124.3563
September	131.8203	125.5050	128.6703
October	131.7908	128.5713	130.7768
November	128.8835	125.5344	127.2660
December	126.9972	125.2793	125.9840