2023 QAR to WST Historical Review

YEARLY HIGH

0.7735 WST

YEARLY LOW

0.7325 WST

YEARLY AVERAGE

0.7498 WST

2023 QAR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.7735. Conversely, the yearly low was recorded on February 5, dropping to 0.7325.

This high-to-low spread represents a total annual volatility of 0.0410 WST. From a start-to-finish perspective, comparing the January average rate of 0.7403 to the December average rate of 0.7683, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7735 was down 1.02% compared to the 2022 peak of 0.7815, 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 3,867 WST

2022 Average 3,671 WST

Yearly Trough Low 3,663 WST

Transaction Impact: A difference of 204.82 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7723

0.7367

JanuMarcMayJulySeptNove

QAR to WST 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 0.7441, compared to 0.7556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.7441

H2 Avg (Jul–Dec) 0.7556

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0245 WST (High: 0.7692 / Low: 0.7448). On the other end, May was the most stable month, with a tight range of 0.0012 WST (High: 0.7489 / Low: 0.7477).

October Spread (Volatile) ±0.0245

May Spread (Stable) ±0.0012

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 July and August, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.7694) against the same month in 2022 (average: 0.7695), the exchange rate shifted by -0.0001 (-0.01%).

2023 Avg (November) 0.7694

2022 Avg (November) 0.7695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7411	0.7358	0.7403
February	0.7448	0.7325	0.7397
March	0.7486	0.7340	0.7400
April	0.7573	0.7406	0.7477
May	0.7489	0.7477	0.7485
June	0.7493	0.7446	0.7483
July	0.7512	0.7466	0.7484
August	0.7468	0.7429	0.7460
September	0.7469	0.7452	0.7465
October	0.7692	0.7448	0.7549
November	0.7735	0.7676	0.7694
December	0.7691	0.7662	0.7683