YEARLY HIGH
0.5441 QAR
YEARLY LOW
0.5297 QAR
YEARLY AVERAGE
0.5370 QAR

2023 TTD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.5441. Conversely, the yearly low was recorded on April 29, dropping to 0.5297.

This high-to-low spread represents a total annual volatility of 0.0144 QAR. From a start-to-finish perspective, comparing the January average rate of 0.5367 to the December average rate of 0.5361, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5441 was up 0.02% compared to the 2022 peak of 0.5440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,721 QAR
2022 Average 2,684 QAR
Yearly Trough Low 2,648 QAR
Transaction Impact: A difference of 72.18 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5381
0.5359
JanuMarcMayJulySeptNove

TTD 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 0.5371, compared to 0.5368 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) 0.5371
H2 Avg (Jul–Dec) 0.5368

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0144 QAR (High: 0.5441 / Low: 0.5297). On the other end, September was the most stable month, with a tight range of 0.0033 QAR (High: 0.5386 / Low: 0.5354).

April Spread (Volatile) ±0.0144
September Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.5380) against the same month in 2022 (average: 0.5362), the exchange rate shifted by +0.0017 (+0.32%).

2023 Avg (March) 0.5380
2022 Avg (March) 0.5362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5397 0.5357 0.5367
February 0.5386 0.5336 0.5370
March 0.5441 0.5355 0.5380
April 0.5441 0.5297 0.5376
May 0.5390 0.5346 0.5366
June 0.5390 0.5354 0.5369
July 0.5415 0.5347 0.5370
August 0.5405 0.5358 0.5370
September 0.5386 0.5354 0.5370
October 0.5398 0.5355 0.5371
November 0.5406 0.5329 0.5367
December 0.5375 0.5334 0.5361