2023 SAR to QAR Historical Review

YEARLY HIGH

0.9815 QAR

YEARLY LOW

0.9595 QAR

YEARLY AVERAGE

0.9711 QAR

2023 SAR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.9815. Conversely, the yearly low was recorded on April 30, dropping to 0.9595.

This high-to-low spread represents a total annual volatility of 0.0219 QAR. From a start-to-finish perspective, comparing the January average rate of 0.9701 to the December average rate of 0.9716, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9815 was up 0.27% compared to the 2022 peak of 0.9788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,907 QAR

2022 Average 4,852 QAR

Yearly Trough Low 4,798 QAR

Transaction Impact: A difference of 109.70 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9723

0.9699

JanuMarcMayJulySeptNove

SAR 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 0.9712, compared to 0.9711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.9712

H2 Avg (Jul–Dec) 0.9711

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0217 QAR (High: 0.9812 / Low: 0.9595). On the other end, May was the most stable month, with a tight range of 0.0020 QAR (High: 0.9721 / Low: 0.9700).

April Spread (Volatile) ±0.0217

May Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.9721) against the same month in 2022 (average: 0.9706), the exchange rate shifted by +0.0015 (+0.16%).

2023 Avg (February) 0.9721

2022 Avg (February) 0.9706

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9769	0.9682	0.9701
February	0.9815	0.9665	0.9721
March	0.9784	0.9610	0.9712
April	0.9812	0.9595	0.9718
May	0.9721	0.9700	0.9709
June	0.9759	0.9696	0.9712
July	0.9723	0.9672	0.9706
August	0.9754	0.9704	0.9715
September	0.9727	0.9706	0.9710
October	0.9733	0.9703	0.9713
November	0.9729	0.9649	0.9705
December	0.9752	0.9694	0.9716