YEARLY HIGH
4230.5472 LBP
YEARLY LOW
412.3926 LBP
YEARLY AVERAGE
3770.2948 LBP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 21,152,736 LBP
2022 Average 2,079,813 LBP
Yearly Trough Low 2,061,963 LBP
Transaction Impact: A difference of 19,090,773.09 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4525.4686
42.4110
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3410.6143
H2 Avg (Jul–Dec) 4129.9752

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±3817.0534
January Spread (Stable) ±6.5696

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 June and July, when the average rate fell by 13.3986 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -13.3986

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (February) 3477.8418
2022 Avg (February) 415.7839

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