YEARLY HIGH
0.4220 QAR
YEARLY LOW
0.4113 QAR
YEARLY AVERAGE
0.4166 QAR

2023 SVC to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.4220. Conversely, the yearly low was recorded on April 29, dropping to 0.4113.

This high-to-low spread represents a total annual volatility of 0.0107 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4164 to the December average rate of 0.4161, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4220 was up 0.22% compared to the 2022 peak of 0.4211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,110 QAR
2022 Average 2,082 QAR
Yearly Trough Low 2,057 QAR
Transaction Impact: A difference of 53.37 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4175
0.4160
JanuMarcMayJulySeptNove

SVC 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 0.4167, compared to 0.4164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.4167
H2 Avg (Jul–Dec) 0.4164

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0089 QAR (High: 0.4202 / Low: 0.4113). On the other end, May was the most stable month, with a tight range of 0.0018 QAR (High: 0.4174 / Low: 0.4156).

April Spread (Volatile) ±0.0089
May Spread (Stable) ±0.0018

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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.4174) against the same month in 2022 (average: 0.4161), the exchange rate shifted by +0.0013 (+0.31%).

2023 Avg (March) 0.4174
2022 Avg (March) 0.4161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4190 0.4158 0.4164
February 0.4209 0.4138 0.4168
March 0.4220 0.4157 0.4174
April 0.4202 0.4113 0.4171
May 0.4174 0.4156 0.4163
June 0.4183 0.4150 0.4163
July 0.4200 0.4149 0.4165
August 0.4188 0.4160 0.4165
September 0.4176 0.4152 0.4163
October 0.4180 0.4155 0.4167
November 0.4191 0.4140 0.4164
December 0.4169 0.4139 0.4161