2023 SBD to QAR Historical Review

YEARLY HIGH

0.4492 QAR

YEARLY LOW

0.4278 QAR

YEARLY AVERAGE

0.4366 QAR

2023 SBD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.4492. Conversely, the yearly low was recorded on November 25, dropping to 0.4278.

This high-to-low spread represents a total annual volatility of 0.0214 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4409 to the December average rate of 0.4309, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4492 was down 1.53% compared to the 2022 peak of 0.4562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,246 QAR

2022 Average 2,239 QAR

Yearly Trough Low 2,139 QAR

Transaction Impact: A difference of 107.13 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4444

0.4297

JanuMarcMayJulySeptNove

SBD 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 0.4401, compared to 0.4331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.4401

H2 Avg (Jul–Dec) 0.4331

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0132 QAR (High: 0.4450 / Low: 0.4318). On the other end, May was the most stable month, with a tight range of 0.0025 QAR (High: 0.4389 / Low: 0.4364).

April Spread (Volatile) ±0.0132

May Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.4429) against the same month in 2022 (average: 0.4502), the exchange rate shifted by -0.0073 (-1.62%).

2023 Avg (February) 0.4429

2022 Avg (February) 0.4502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4463	0.4386	0.4409
February	0.4492	0.4382	0.4429
March	0.4477	0.4400	0.4431
April	0.4450	0.4318	0.4396
May	0.4389	0.4364	0.4373
June	0.4388	0.4357	0.4370
July	0.4371	0.4288	0.4352
August	0.4373	0.4343	0.4354
September	0.4359	0.4309	0.4336
October	0.4346	0.4287	0.4320
November	0.4348	0.4278	0.4314
December	0.4335	0.4291	0.4309