2023 QAR to PLN Historical Review

YEARLY HIGH

1.2294 PLN

YEARLY LOW

1.0685 PLN

YEARLY AVERAGE

1.1526 PLN

2023 QAR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1.2294. Conversely, the yearly low was recorded on December 27, dropping to 1.0685.

This high-to-low spread represents a total annual volatility of 0.1609 PLN. From a start-to-finish perspective, comparing the January average rate of 1.1896 to the December average rate of 1.0883, the exchange rate registered a net change of -8.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2294 was down 10.52% compared to the 2022 peak of 1.3739, 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 6,147 PLN

2022 Average 6,118 PLN

Yearly Trough Low 5,342 PLN

Transaction Impact: A difference of 804.57 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2283

1.0755

JanuMarcMayJulySeptNove

QAR to PLN 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 1.1741, compared to 1.1312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0429 points.

H1 Avg (Jan–Jun) 1.1741

H2 Avg (Jul–Dec) 1.1312

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0859 PLN (High: 1.2223 / Low: 1.1364). On the other end, May was the most stable month, with a tight range of 0.0326 PLN (High: 1.1625 / Low: 1.1299).

January Spread (Volatile) ±0.0859

May Spread (Stable) ±0.0326

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0539 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.2156) against the same month in 2022 (average: 1.1050), the exchange rate shifted by +0.1106 (+10.01%).

2023 Avg (February) 1.2156

2022 Avg (February) 1.1050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2223	1.1364	1.1896
February	1.2294	1.1714	1.2156
March	1.2219	1.1761	1.2016
April	1.1871	1.1363	1.1608
May	1.1625	1.1299	1.1476
June	1.1523	1.1081	1.1293
July	1.1306	1.0841	1.1041
August	1.1384	1.1045	1.1215
September	1.2113	1.1361	1.1833
October	1.2146	1.1475	1.1720
November	1.1580	1.0783	1.1180
December	1.1063	1.0685	1.0883