2023 QAR to SLL Historical Review

YEARLY HIGH

5792.7836 SLL

YEARLY LOW

4797.0064 SLL

YEARLY AVERAGE

5236.3646 SLL

2023 QAR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 5792.7836. Conversely, the yearly low was recorded on February 5, dropping to 4797.0064.

This high-to-low spread represents a total annual volatility of 995.7772 SLL. From a start-to-finish perspective, comparing the January average rate of 4847.7291 to the December average rate of 5753.5363, the exchange rate registered a net change of 18.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 5792.7836 was up 19.24% compared to the 2022 peak of 4858.0268, 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 28,963,918 SLL

2022 Average 18,836,632 SLL

Yearly Trough Low 23,985,032 SLL

Transaction Impact: A difference of 4,978,885.93 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

5853.7452

4751.9630

JanuMarcMayJulySeptNove

QAR to SLL 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 4847.1500, compared to 5625.5792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 778.4291 points.

H1 Avg (Jan–Jun) 4847.1500

H2 Avg (Jul–Dec) 5625.5792

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 934.3491 SLL (High: 5779.6785 / Low: 4845.3294). On the other end, May was the most stable month, with a tight range of 7.6033 SLL (High: 4853.7780 / Low: 4846.1748).

July Spread (Volatile) ±934.3491

May Spread (Stable) ±7.6033

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 8.3937 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.3937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 5761.9300) against the same month in 2022 (average: 4840.0679), the exchange rate shifted by +921.8622 (+19.05%).

2023 Avg (November) 5761.9300

2022 Avg (November) 4840.0679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4853.2953	4818.1697	4847.7291
February	4877.1734	4797.0064	4843.7782
March	4896.3208	4806.2992	4844.0177
April	4908.2669	4800.2365	4845.9236
May	4853.7780	4846.1748	4851.5056
June	4856.7179	4826.0096	4849.9460
July	5779.6785	4845.3294	4969.7148
August	5760.6950	5730.0933	5754.3662
September	5761.6478	5747.9677	5757.8440
October	5763.0223	5742.9114	5756.0837
November	5792.7836	5748.3774	5761.9300
December	5760.0604	5738.4967	5753.5363