2023 SRD to QAR Historical Review

YEARLY HIGH

0.1156 QAR

YEARLY LOW

0.0943 QAR

YEARLY AVERAGE

0.1000 QAR

2023 SRD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1156. Conversely, the yearly low was recorded on July 31, dropping to 0.0943.

This high-to-low spread represents a total annual volatility of 0.0213 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1145 to the December average rate of 0.0976, the exchange rate registered a net change of -14.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1156 was down 35.56% compared to the 2022 peak of 0.1793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 578 QAR

2022 Average 770 QAR

Yearly Trough Low 471 QAR

Transaction Impact: A difference of 106.51 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1165

0.0931

JanuMarcMayJulySeptNove

SRD 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 0.1041, compared to 0.0958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.1041

H2 Avg (Jul–Dec) 0.0958

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0077 QAR (High: 0.1086 / Low: 0.1009). On the other end, October was the most stable month, with a tight range of 0.0011 QAR (High: 0.0960 / Low: 0.0949).

March Spread (Volatile) ±0.0077

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1145) against the same month in 2022 (average: 0.1721), the exchange rate shifted by -0.0576 (-33.45%).

2023 Avg (January) 0.1145

2022 Avg (January) 0.1721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1156	0.1125	0.1145
February	0.1141	0.1074	0.1112
March	0.1086	0.1009	0.1055
April	0.1029	0.0965	0.0991
May	0.0981	0.0961	0.0975
June	0.0981	0.0950	0.0966
July	0.0985	0.0943	0.0958
August	0.0957	0.0944	0.0952
September	0.0957	0.0945	0.0951
October	0.0960	0.0949	0.0955
November	0.0964	0.0949	0.0958
December	0.0994	0.0961	0.0976