YEARLY HIGH
0.0349 QAR
YEARLY LOW
0.0325 QAR
YEARLY AVERAGE
0.0336 QAR

2023 RSD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0349. Conversely, the yearly low was recorded on October 3, dropping to 0.0325.

This high-to-low spread represents a total annual volatility of 0.0024 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0335 to the December average rate of 0.0340, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0349 was down 1.47% compared to the 2022 peak of 0.0355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175 QAR
2022 Average 163 QAR
Yearly Trough Low 162 QAR
Transaction Impact: A difference of 12.20 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0345
0.0327
JanuMarcMayJulySeptNove

RSD 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 0.0336, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0336
H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0015 QAR (High: 0.0342 / Low: 0.0327). On the other end, October was the most stable month, with a tight range of 0.0007 QAR (High: 0.0332 / Low: 0.0325).

February Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, 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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0343) against the same month in 2022 (average: 0.0318), the exchange rate shifted by +0.0026 (+8.11%).

2023 Avg (July) 0.0343
2022 Avg (July) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0339 0.0326 0.0335
February 0.0342 0.0327 0.0333
March 0.0340 0.0327 0.0333
April 0.0344 0.0336 0.0341
May 0.0344 0.0332 0.0337
June 0.0341 0.0332 0.0337
July 0.0349 0.0337 0.0343
August 0.0342 0.0335 0.0339
September 0.0336 0.0326 0.0332
October 0.0332 0.0325 0.0328
November 0.0342 0.0329 0.0336
December 0.0345 0.0334 0.0340