2023 QAR to SEK Historical Review

YEARLY HIGH

3.0846 SEK

YEARLY LOW

2.7309 SEK

YEARLY AVERAGE

2.9129 SEK

2023 QAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 3.0846. Conversely, the yearly low was recorded on December 27, dropping to 2.7309.

This high-to-low spread represents a total annual volatility of 0.3537 SEK. From a start-to-finish perspective, comparing the January average rate of 2.8515 to the December average rate of 2.8105, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0846 was down 1.24% compared to the 2022 peak of 3.1232, 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 15,423 SEK

2022 Average 13,887 SEK

Yearly Trough Low 13,654 SEK

Transaction Impact: A difference of 1,768.40 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0693

2.7870

JanuMarcMayJulySeptNove

QAR to SEK 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 2.8787, compared to 2.9470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0683 points.

H1 Avg (Jan–Jun) 2.8787

H2 Avg (Jul–Dec) 2.9470

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2284 SEK (High: 3.0615 / Low: 2.8331). On the other end, September was the most stable month, with a tight range of 0.0743 SEK (High: 3.0734 / Low: 2.9991).

November Spread (Volatile) ±0.2284

September Spread (Stable) ±0.0743

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.1236 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 3.0263) against the same month in 2022 (average: 3.0560), the exchange rate shifted by -0.0297 (-0.97%).

2023 Avg (October) 3.0263

2022 Avg (October) 3.0560

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9354	2.7932	2.8515
February	2.9154	2.8288	2.8672
March	2.9491	2.8105	2.8819
April	2.8871	2.7925	2.8385
May	2.9840	2.7869	2.8786
June	2.9981	2.9130	2.9547
July	3.0075	2.8018	2.8921
August	3.0350	2.9032	2.9731
September	3.0734	2.9991	3.0458
October	3.0846	2.9863	3.0263
November	3.0615	2.8331	2.9341
December	2.8812	2.7309	2.8105