2023 QAR to XPF Historical Review

YEARLY HIGH

31.3047 XPF

YEARLY LOW

29.1442 XPF

YEARLY AVERAGE

30.2700 XPF

2023 QAR to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 31.3047. Conversely, the yearly low was recorded on July 17, dropping to 29.1442.

This high-to-low spread represents a total annual volatility of 2.1605 XPF. From a start-to-finish perspective, comparing the January average rate of 30.3588 to the December average rate of 29.9768, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.3047 was down 8.35% compared to the 2022 peak of 34.1550, 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 156,523 XPF

2022 Average 155,733 XPF

Yearly Trough Low 145,721 XPF

Transaction Impact: A difference of 10,802.62 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.1385

29.5096

JanuMarcMayJulySeptNove

QAR to XPF 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 30.2679, compared to 30.2720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 30.2679

H2 Avg (Jul–Dec) 30.2720

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.4029 XPF (High: 30.6381 / Low: 29.2351). On the other end, October was the most stable month, with a tight range of 0.6024 XPF (High: 31.3047 / Low: 30.7023).

May Spread (Volatile) ±1.4029

October Spread (Stable) ±0.6024

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 0.7509 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 31.0028) against the same month in 2022 (average: 33.3087), the exchange rate shifted by -2.3060 (-6.92%).

2023 Avg (October) 31.0028

2022 Avg (October) 33.3087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.1537	29.9687	30.3588
February	31.0557	29.7232	30.5761
March	31.0694	29.9549	30.5415
April	30.2948	29.4075	29.7905
May	30.6381	29.2351	30.1264
June	30.6375	29.8175	30.2143
July	30.1878	29.1442	29.6454
August	30.3546	29.6915	30.0161
September	31.1980	30.3115	30.6855
October	31.3047	30.7023	31.0028
November	30.9213	29.7835	30.3055
December	30.4443	29.5081	29.9768