2023 QAR to SVC Historical Review

YEARLY HIGH

2.4311 SVC

YEARLY LOW

2.3696 SVC

YEARLY AVERAGE

2.4006 SVC

2023 QAR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 2.4311. Conversely, the yearly low was recorded on March 19, dropping to 2.3696.

This high-to-low spread represents a total annual volatility of 0.0615 SVC. From a start-to-finish perspective, comparing the January average rate of 2.4013 to the December average rate of 2.4033, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4311 was up 0.19% compared to the 2022 peak of 2.4263, 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 12,155 SVC

2022 Average 12,007 SVC

Yearly Trough Low 11,848 SVC

Transaction Impact: A difference of 307.41 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4040

2.3950

JanuMarcMayJulySeptNove

QAR to SVC 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 2.3997, compared to 2.4014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.3997

H2 Avg (Jul–Dec) 2.4014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0514 SVC (High: 2.4311 / Low: 2.3796). On the other end, May was the most stable month, with a tight range of 0.0106 SVC (High: 2.4062 / Low: 2.3956).

April Spread (Volatile) ±0.0514

May Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.3978) against the same month in 2022 (average: 2.4057), the exchange rate shifted by -0.0079 (-0.33%).

2023 Avg (April) 2.3978

2022 Avg (April) 2.4057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4052	2.3867	2.4013
February	2.4164	2.3760	2.3995
March	2.4056	2.3696	2.3958
April	2.4311	2.3796	2.3978
May	2.4062	2.3956	2.4020
June	2.4097	2.3907	2.4019
July	2.4103	2.3809	2.4007
August	2.4041	2.3877	2.4011
September	2.4083	2.3946	2.4020
October	2.4066	2.3925	2.4001
November	2.4157	2.3860	2.4014
December	2.4161	2.3988	2.4033