2023 QAR to SOS Historical Review

YEARLY HIGH

157.9592 SOS

YEARLY LOW

154.6009 SOS

YEARLY AVERAGE

156.2662 SOS

2023 QAR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 157.9592. Conversely, the yearly low was recorded on April 4, dropping to 154.6009.

This high-to-low spread represents a total annual volatility of 3.3583 SOS. From a start-to-finish perspective, comparing the January average rate of 156.0657 to the December average rate of 156.8719, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 157.9592 was down 1.86% compared to the 2022 peak of 160.9448, 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 789,796 SOS

2022 Average 789,610 SOS

Yearly Trough Low 773,005 SOS

Transaction Impact: A difference of 16,791.63 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

156.9839

155.6405

JanuMarcMayJulySeptNove

QAR to SOS 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 155.9787, compared to 156.5538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5751 points.

H1 Avg (Jan–Jun) 155.9787

H2 Avg (Jul–Dec) 156.5538

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 3.3583 SOS (High: 157.9592 / Low: 154.6009). On the other end, May was the most stable month, with a tight range of 0.7543 SOS (High: 156.4131 / Low: 155.6588).

April Spread (Volatile) ±3.3583

May Spread (Stable) ±0.7543

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.1740 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 155.8376) against the same month in 2022 (average: 159.1722), the exchange rate shifted by -3.3346 (-2.09%).

2023 Avg (April) 155.8376

2022 Avg (April) 159.1722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	156.4131	155.0464	156.0657
February	156.4131	155.4707	155.9265
March	156.2656	154.8121	155.7525
April	157.9592	154.6009	155.8376
May	156.4131	155.6588	156.1533
June	156.4088	155.1630	156.1363
July	156.8652	155.1951	156.2324
August	156.4436	155.0783	156.1985
September	157.2946	156.1491	156.5448
October	157.1400	156.2543	156.7070
November	157.0531	156.1953	156.7680
December	157.8241	156.6622	156.8719