2023 WST to QAR Historical Review

YEARLY HIGH

1.3651 QAR

YEARLY LOW

1.2928 QAR

YEARLY AVERAGE

1.3339 QAR

2023 WST to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.3651. Conversely, the yearly low was recorded on November 4, dropping to 1.2928.

This high-to-low spread represents a total annual volatility of 0.0723 QAR. From a start-to-finish perspective, comparing the January average rate of 1.3508 to the December average rate of 1.3017, the exchange rate registered a net change of -3.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3651 was down 3.52% compared to the 2022 peak of 1.4150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,826 QAR

2022 Average 6,815 QAR

Yearly Trough Low 6,464 QAR

Transaction Impact: A difference of 361.48 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3572

1.2945

JanuMarcMayJulySeptNove

WST 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 1.3440, compared to 1.3238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 1.3440

H2 Avg (Jul–Dec) 1.3238

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0427 QAR (High: 1.3427 / Low: 1.3000). On the other end, May was the most stable month, with a tight range of 0.0021 QAR (High: 1.3374 / Low: 1.3353).

October Spread (Volatile) ±0.0427

May Spread (Stable) ±0.0021

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 October and November, when the average rate fell by 0.0252 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.3520) against the same month in 2022 (average: 1.3903), the exchange rate shifted by -0.0383 (-2.76%).

2023 Avg (February) 1.3520

2022 Avg (February) 1.3903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3591	1.3493	1.3508
February	1.3651	1.3427	1.3520
March	1.3625	1.3359	1.3515
April	1.3502	1.3205	1.3375
May	1.3374	1.3353	1.3359
June	1.3430	1.3345	1.3364
July	1.3393	1.3312	1.3361
August	1.3462	1.3390	1.3405
September	1.3420	1.3388	1.3397
October	1.3427	1.3000	1.3250
November	1.3028	1.2928	1.2998
December	1.3051	1.3002	1.3017