2023 SYP to QAR Historical Review

YEARLY HIGH

0.0015 QAR

YEARLY LOW

0.0014 QAR

YEARLY AVERAGE

0.0015 QAR

2023 SYP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0015. Conversely, the yearly low was recorded on April 30, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0000 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0015, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0015 was up 0.14% compared to the 2022 peak of 0.0015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 QAR

2022 Average 7 QAR

Yearly Trough Low 7 QAR

Transaction Impact: A difference of 0.17 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0015

0.0014

JanuMarcMayJulySeptNove

SYP 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 0.0015, compared to 0.0014 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) 0.0015

H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0000 QAR (High: 0.0015 / Low: 0.0014). On the other end, May was the most stable month, with a tight range of 0.0000 QAR (High: 0.0015 / Low: 0.0014).

April Spread (Volatile) ±0.0000

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0015) against the same month in 2022 (average: 0.0014), the exchange rate shifted by +0.0000 (+0.12%).

2023 Avg (February) 0.0015

2022 Avg (February) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0015	0.0014	0.0015
February	0.0015	0.0014	0.0015
March	0.0015	0.0014	0.0015
April	0.0015	0.0014	0.0015
May	0.0015	0.0014	0.0014
June	0.0015	0.0014	0.0014
July	0.0015	0.0014	0.0014
August	0.0015	0.0014	0.0015
September	0.0015	0.0014	0.0014
October	0.0015	0.0014	0.0014
November	0.0015	0.0014	0.0014
December	0.0015	0.0014	0.0015