2023 QAR to XCD Historical Review

YEARLY HIGH

0.7509 XCD

YEARLY LOW

0.7339 XCD

YEARLY AVERAGE

0.7418 XCD

2023 QAR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.7509. Conversely, the yearly low was recorded on February 5, dropping to 0.7339.

This high-to-low spread represents a total annual volatility of 0.0170 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7416 to the December average rate of 0.7415, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7509 was up 0.93% compared to the 2022 peak of 0.7440, 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 3,755 XCD

2022 Average 3,709 XCD

Yearly Trough Low 3,669 XCD

Transaction Impact: A difference of 85.11 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7428

0.7409

JanuMarcMayJulySeptNove

QAR to XCD 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 0.7416, compared to 0.7420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.7416

H2 Avg (Jul–Dec) 0.7420

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0165 XCD (High: 0.7509 / Low: 0.7344). On the other end, May was the most stable month, with a tight range of 0.0012 XCD (High: 0.7426 / Low: 0.7414).

April Spread (Volatile) ±0.0165

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 November and December, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.7414) against the same month in 2022 (average: 0.7421), the exchange rate shifted by -0.0008 (-0.10%).

2023 Avg (April) 0.7414

2022 Avg (April) 0.7421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7425	0.7371	0.7416
February	0.7462	0.7339	0.7410
March	0.7491	0.7353	0.7411
April	0.7509	0.7344	0.7414
May	0.7426	0.7414	0.7422
June	0.7430	0.7383	0.7420
July	0.7449	0.7413	0.7424
August	0.7424	0.7385	0.7416
September	0.7426	0.7408	0.7421
October	0.7427	0.7401	0.7418
November	0.7466	0.7409	0.7426
December	0.7424	0.7396	0.7415