2023 RON to QAR Historical Review

YEARLY HIGH

0.8284 QAR

YEARLY LOW

0.7662 QAR

YEARLY AVERAGE

0.7967 QAR

2023 RON to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.8284. Conversely, the yearly low was recorded on October 3, dropping to 0.7662.

This high-to-low spread represents a total annual volatility of 0.0623 QAR. From a start-to-finish perspective, comparing the January average rate of 0.7978 to the December average rate of 0.8008, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8284 was down 1.83% compared to the 2022 peak of 0.8439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RON based on timing:

Yearly Peak High 4,142 QAR

2022 Average 3,893 QAR

Yearly Trough Low 3,831 QAR

Transaction Impact: A difference of 311.47 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8187

0.7709

JanuMarcMayJulySeptNove

RON to QAR 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 0.7984, compared to 0.7950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.7984

H2 Avg (Jul–Dec) 0.7950

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0380 QAR (High: 0.8178 / Low: 0.7798). On the other end, October was the most stable month, with a tight range of 0.0159 QAR (High: 0.7820 / Low: 0.7662).

February Spread (Volatile) ±0.0380

October Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0214 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8147) against the same month in 2022 (average: 0.7549), the exchange rate shifted by +0.0598 (+7.92%).

2023 Avg (July) 0.8147

2022 Avg (July) 0.7549

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8137	0.7769	0.7978
February	0.8178	0.7798	0.7951
March	0.8099	0.7809	0.7926
April	0.8177	0.7963	0.8094
May	0.8179	0.7851	0.7993
June	0.8064	0.7852	0.7961
July	0.8284	0.7987	0.8147
August	0.8126	0.7965	0.8044
September	0.7960	0.7689	0.7830
October	0.7820	0.7662	0.7749
November	0.8059	0.7766	0.7922
December	0.8129	0.7883	0.8008