YEARLY HIGH
1.8880 TTD
YEARLY LOW
1.8379 TTD
YEARLY AVERAGE
1.8623 TTD

2023 QAR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 1.8880. Conversely, the yearly low was recorded on March 19, dropping to 1.8379.

This high-to-low spread represents a total annual volatility of 0.0501 TTD. From a start-to-finish perspective, comparing the January average rate of 1.8634 to the December average rate of 1.8653, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8880 was up 0.24% compared to the 2022 peak of 1.8834, 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 9,440 TTD
2022 Average 9,316 TTD
Yearly Trough Low 9,189 TTD
Transaction Impact: A difference of 250.44 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8659
1.8583
JanuMarcMayJulySeptNove

QAR to TTD 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 1.8617, compared to 1.8629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.8617
H2 Avg (Jul–Dec) 1.8629

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0500 TTD (High: 1.8880 / Low: 1.8380). On the other end, September was the most stable month, with a tight range of 0.0114 TTD (High: 1.8679 / Low: 1.8566).

April Spread (Volatile) ±0.0500
September Spread (Stable) ±0.0114

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 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1.8602) against the same month in 2022 (average: 1.8667), the exchange rate shifted by -0.0065 (-0.35%).

2023 Avg (April) 1.8602
2022 Avg (April) 1.8667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8667 1.8528 1.8634
February 1.8740 1.8568 1.8621
March 1.8673 1.8379 1.8589
April 1.8880 1.8380 1.8602
May 1.8705 1.8552 1.8634
June 1.8679 1.8553 1.8624
July 1.8701 1.8468 1.8623
August 1.8662 1.8501 1.8621
September 1.8679 1.8566 1.8622
October 1.8674 1.8524 1.8619
November 1.8766 1.8497 1.8633
December 1.8748 1.8604 1.8653