YEARLY HIGH
10.5082 UAH
YEARLY LOW
9.8603 UAH
YEARLY AVERAGE
10.0997 UAH

2023 QAR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 10.5082. Conversely, the yearly low was recorded on November 5, dropping to 9.8603.

This high-to-low spread represents a total annual volatility of 0.6478 UAH. From a start-to-finish perspective, comparing the January average rate of 10.0877 to the December average rate of 10.2059, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.5082 was up 2.95% compared to the 2022 peak of 10.2074, 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 52,541 UAH
2022 Average 44,791 UAH
Yearly Trough Low 49,302 UAH
Transaction Impact: A difference of 3,239.10 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.2339
9.8983
JanuMarcMayJulySeptNove

QAR to UAH 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 10.1093, compared to 10.0901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 10.1093
H2 Avg (Jul–Dec) 10.0901

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.5047 UAH (High: 10.5082 / Low: 10.0034). On the other end, August was the most stable month, with a tight range of 0.0681 UAH (High: 10.1472 / Low: 10.0790).

December Spread (Volatile) ±0.5047
August Spread (Stable) ±0.0681

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 September and October, when the average rate fell by 0.1173 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10.2059) against the same month in 2022 (average: 10.1103), the exchange rate shifted by +0.0957 (+0.95%).

2023 Avg (December) 10.2059
2022 Avg (December) 10.1103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1500 10.0218 10.0877
February 10.1481 10.0291 10.0922
March 10.1504 10.0016 10.1033
April 10.2574 9.9941 10.0998
May 10.1560 10.0784 10.1336
June 10.1715 10.0911 10.1392
July 10.1608 10.0488 10.1205
August 10.1472 10.0790 10.1306
September 10.1650 10.0962 10.1371
October 10.1576 9.9368 10.0199
November 10.0240 9.8603 9.9263
December 10.5082 10.0034 10.2059