2023 QAR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 QAR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the QAR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 4230.5472. Conversely, the yearly low was recorded on January 31, dropping to 412.3926.
This high-to-low spread represents a total annual volatility of 3818.1546 LBP. From a start-to-finish perspective, comparing the January average rate of 415.9991 to the December average rate of 4129.4589, the exchange rate registered a net change of 892.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4230.5472 was up 886.88% compared to the 2022 peak of 428.6799, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
QAR to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3410.6143, compared to 4129.9752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 719.3609 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 3817.0534 LBP (High: 4230.5472 / Low: 413.4939). On the other end, January was the most stable month, with a tight range of 6.5696 LBP (High: 418.9622 / Low: 412.3926).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 13.3986 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 3477.8418) against the same month in 2022 (average: 415.7839), the exchange rate shifted by +3062.0579 (+736.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 418.9622 | 412.3926 | 415.9991 |
| February | 4230.5472 | 413.4939 | 3477.8418 |
| March | 4188.4098 | 4087.3678 | 4133.8455 |
| April | 4208.6778 | 4102.5130 | 4141.0786 |
| May | 4194.1908 | 4109.6972 | 4143.0403 |
| June | 4192.4144 | 4116.2624 | 4151.8805 |
| July | 4192.6884 | 4095.9943 | 4138.4818 |
| August | 4191.8429 | 4114.6713 | 4132.5012 |
| September | 4170.4740 | 4118.1146 | 4133.3914 |
| October | 4143.0029 | 4106.7976 | 4123.0089 |
| November | 4134.2010 | 4105.1841 | 4123.0092 |
| December | 4150.1948 | 4120.0951 | 4129.4589 |