2023 SCR to QAR Historical Review

YEARLY HIGH

0.2860 QAR

YEARLY LOW

0.2570 QAR

YEARLY AVERAGE

0.2712 QAR

2023 SCR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.2860. Conversely, the yearly low was recorded on July 21, dropping to 0.2570.

This high-to-low spread represents a total annual volatility of 0.0291 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2692 to the December average rate of 0.2714, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2860 was down 0.34% compared to the 2022 peak of 0.2870, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,430 QAR

2022 Average 1,346 QAR

Yearly Trough Low 1,285 QAR

Transaction Impact: A difference of 145.38 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2784

0.2648

JanuMarcMayJulySeptNove

SCR 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 0.2692, compared to 0.2733 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) 0.2692

H2 Avg (Jul–Dec) 0.2733

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0256 QAR (High: 0.2830 / Low: 0.2575). On the other end, August was the most stable month, with a tight range of 0.0104 QAR (High: 0.2769 / Low: 0.2665).

January Spread (Volatile) ±0.0256

August Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2772) against the same month in 2022 (average: 0.2716), the exchange rate shifted by +0.0056 (+2.05%).

2023 Avg (September) 0.2772

2022 Avg (September) 0.2716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2830	0.2575	0.2692
February	0.2801	0.2572	0.2693
March	0.2816	0.2587	0.2711
April	0.2826	0.2595	0.2699
May	0.2774	0.2588	0.2698
June	0.2774	0.2572	0.2659
July	0.2797	0.2570	0.2725
August	0.2769	0.2665	0.2725
September	0.2860	0.2673	0.2772
October	0.2858	0.2637	0.2735
November	0.2798	0.2651	0.2725
December	0.2821	0.2605	0.2714