2023 QAR to SBD Historical Review

YEARLY HIGH

2.3375 SBD

YEARLY LOW

2.2260 SBD

YEARLY AVERAGE

2.2906 SBD

2023 QAR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 2.3375. Conversely, the yearly low was recorded on February 5, dropping to 2.2260.

This high-to-low spread represents a total annual volatility of 0.1115 SBD. From a start-to-finish perspective, comparing the January average rate of 2.2680 to the December average rate of 2.3205, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3375 was up 2.80% compared to the 2022 peak of 2.2738, 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 11,687 SBD

2022 Average 11,167 SBD

Yearly Trough Low 11,130 SBD

Transaction Impact: A difference of 557.42 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3269

2.2503

JanuMarcMayJulySeptNove

QAR to SBD 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 2.2721, compared to 2.3091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 2.2721

H2 Avg (Jul–Dec) 2.3091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0688 SBD (High: 2.3159 / Low: 2.2471). On the other end, May was the most stable month, with a tight range of 0.0130 SBD (High: 2.2916 / Low: 2.2786).

April Spread (Volatile) ±0.0688

May Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0103 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.3182) against the same month in 2022 (average: 2.2588), the exchange rate shifted by +0.0594 (+2.63%).

2023 Avg (November) 2.3182

2022 Avg (November) 2.2588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2802	2.2405	2.2680
February	2.2821	2.2260	2.2577
March	2.2729	2.2336	2.2567
April	2.3159	2.2471	2.2748
May	2.2916	2.2786	2.2868
June	2.2950	2.2787	2.2886
July	2.3320	2.2880	2.2980
August	2.3025	2.2868	2.2965
September	2.3207	2.2942	2.3064
October	2.3326	2.3009	2.3149
November	2.3375	2.3001	2.3182
December	2.3307	2.3070	2.3205