YEARLY HIGH
0.0065 QAR
YEARLY LOW
0.0063 QAR
YEARLY AVERAGE
0.0064 QAR

2023 SOS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0065. Conversely, the yearly low was recorded on April 29, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0001 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0064, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0065 was down 0.88% compared to the 2022 peak of 0.0065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 QAR
2022 Average 32 QAR
Yearly Trough Low 32 QAR
Transaction Impact: A difference of 0.69 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0064
0.0064
JanuMarcMayJulySeptNove

SOS 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 0.0064, compared to 0.0064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0001 QAR (High: 0.0065 / Low: 0.0063). On the other end, May was the most stable month, with a tight range of 0.0000 QAR (High: 0.0064 / Low: 0.0064).

April Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0000

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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0064) against the same month in 2022 (average: 0.0063), the exchange rate shifted by +0.0001 (+2.14%).

2023 Avg (April) 0.0064
2022 Avg (April) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0064 0.0064 0.0064
February 0.0064 0.0064 0.0064
March 0.0065 0.0064 0.0064
April 0.0065 0.0063 0.0064
May 0.0064 0.0064 0.0064
June 0.0064 0.0064 0.0064
July 0.0064 0.0064 0.0064
August 0.0064 0.0064 0.0064
September 0.0064 0.0064 0.0064
October 0.0064 0.0064 0.0064
November 0.0064 0.0064 0.0064
December 0.0064 0.0063 0.0064