YEARLY HIGH
0.2107 XDR
YEARLY LOW
0.2018 XDR
YEARLY AVERAGE
0.2057 XDR

2023 QAR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.2107. Conversely, the yearly low was recorded on January 31, dropping to 0.2018.

This high-to-low spread represents a total annual volatility of 0.0089 XDR. From a start-to-finish perspective, comparing the January average rate of 0.2043 to the December average rate of 0.2057, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2107 was down 2.83% compared to the 2022 peak of 0.2168, 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 1,054 XDR
2022 Average 1,001 XDR
Yearly Trough Low 1,009 XDR
Transaction Impact: A difference of 44.69 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2096
0.2027
JanuMarcMayJulySeptNove

QAR to XDR 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 0.2046, compared to 0.2067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2046
H2 Avg (Jul–Dec) 0.2067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0053 XDR (High: 0.2070 / Low: 0.2018). On the other end, October was the most stable month, with a tight range of 0.0018 XDR (High: 0.2098 / Low: 0.2079).

January Spread (Volatile) ±0.0053
October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2078) against the same month in 2022 (average: 0.2038), the exchange rate shifted by +0.0040 (+1.95%).

2023 Avg (November) 0.2078
2022 Avg (November) 0.2038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2070 0.2018 0.2043
February 0.2069 0.2019 0.2047
March 0.2072 0.2040 0.2055
April 0.2056 0.2021 0.2032
May 0.2062 0.2029 0.2043
June 0.2068 0.2038 0.2057
July 0.2065 0.2024 0.2044
August 0.2069 0.2028 0.2056
September 0.2099 0.2062 0.2077
October 0.2098 0.2079 0.2090
November 0.2107 0.2057 0.2078
December 0.2077 0.2044 0.2057