2023 XCD to QAR Historical Review

YEARLY HIGH

1.3626 QAR

YEARLY LOW

1.3317 QAR

YEARLY AVERAGE

1.3481 QAR

2023 XCD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.3626. Conversely, the yearly low was recorded on April 30, dropping to 1.3317.

This high-to-low spread represents a total annual volatility of 0.0309 QAR. From a start-to-finish perspective, comparing the January average rate of 1.3483 to the December average rate of 1.3486, 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 1.3626 was up 0.14% compared to the 2022 peak of 1.3606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,813 QAR

2022 Average 6,741 QAR

Yearly Trough Low 6,659 QAR

Transaction Impact: A difference of 154.44 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3497

1.3463

JanuMarcMayJulySeptNove

XCD 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 1.3485, compared to 1.3477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 1.3485

H2 Avg (Jul–Dec) 1.3477

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0300 QAR (High: 1.3617 / Low: 1.3317). On the other end, May was the most stable month, with a tight range of 0.0021 QAR (High: 1.3488 / Low: 1.3467).

April Spread (Volatile) ±0.0300

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 April and May, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.3495) against the same month in 2022 (average: 1.3475), the exchange rate shifted by +0.0020 (+0.15%).

2023 Avg (February) 1.3495

2022 Avg (February) 1.3475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3566	1.3468	1.3483
February	1.3626	1.3402	1.3495
March	1.3600	1.3350	1.3494
April	1.3617	1.3317	1.3489
May	1.3488	1.3467	1.3473
June	1.3544	1.3459	1.3477
July	1.3490	1.3425	1.3470
August	1.3541	1.3469	1.3484
September	1.3499	1.3467	1.3476
October	1.3511	1.3464	1.3480
November	1.3498	1.3395	1.3466
December	1.3521	1.3471	1.3486