YEARLY HIGH
166.5727 SDG
YEARLY LOW
149.9341 SDG
YEARLY AVERAGE
163.6696 SDG

2023 QAR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 166.5727. Conversely, the yearly low was recorded on November 20, dropping to 149.9341.

This high-to-low spread represents a total annual volatility of 16.6385 SDG. From a start-to-finish perspective, comparing the January average rate of 158.3019 to the December average rate of 164.9002, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 166.5727 was up 4.75% compared to the 2022 peak of 159.0222, 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 832,863 SDG
2022 Average 684,838 SDG
Yearly Trough Low 749,671 SDG
Transaction Impact: A difference of 83,192.62 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

165.7923
157.6210
JanuMarcMayJulySeptNove

QAR to SDG 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 162.4129, compared to 164.9264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5135 points.

H1 Avg (Jan–Jun) 162.4129
H2 Avg (Jul–Dec) 164.9264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 15.9528 SDG (High: 165.8870 / Low: 149.9341). On the other end, September was the most stable month, with a tight range of 0.3924 SDG (High: 165.2701 / Low: 164.8777).

November Spread (Volatile) ±15.9528
September Spread (Stable) ±0.3924

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4695 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.4695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 164.0142) against the same month in 2022 (average: 122.8491), the exchange rate shifted by +41.1651 (+33.51%).

2023 Avg (April) 164.0142
2022 Avg (April) 122.8491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 159.9418 156.0305 158.3019
February 161.9061 158.4519 160.5700
March 164.5042 154.7661 161.7162
April 166.5727 156.6150 164.0142
May 165.1210 164.3170 164.8102
June 165.3731 164.1909 165.0647
July 165.7873 164.7746 165.1114
August 165.2019 164.3650 165.0169
September 165.2701 164.8777 165.0969
October 165.3095 164.5174 164.9511
November 165.8870 149.9341 164.4816
December 165.0872 164.4692 164.9002