YEARLY HIGH
0.1866 QAR
YEARLY LOW
0.1662 QAR
YEARLY AVERAGE
0.1797 QAR

2021 MXN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.1866. Conversely, the yearly low was recorded on November 27, dropping to 0.1662.

This high-to-low spread represents a total annual volatility of 0.0204 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1824 to the December average rate of 0.1743, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1866 was down 5.03% compared to the 2020 peak of 0.1964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 9,328 QAR
2020 Average 8,529 QAR
Yearly Trough Low 8,309 QAR
Transaction Impact: A difference of 1,019.09 QAR purely based on transaction execution date.

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0.1836
0.1734
JanuMarcMayJulySeptNove

MXN 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 0.1805, compared to 0.1790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1805
H2 Avg (Jul–Dec) 0.1790

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0130 QAR (High: 0.1792 / Low: 0.1662). On the other end, May was the most stable month, with a tight range of 0.0043 QAR (High: 0.1841 / Low: 0.1798).

November Spread (Volatile) Âą0.0130
May Spread (Stable) Âą0.0043

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.1828) against the same month in 2020 (average: 0.1626), the exchange rate shifted by +0.0202 (+12.44%).

2021 Avg (July) 0.1828
2020 Avg (July) 0.1626

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Month High Low Average
January 0.1859 0.1768 0.1824
February 0.1826 0.1739 0.1793
March 0.1788 0.1694 0.1754
April 0.1837 0.1791 0.1815
May 0.1841 0.1798 0.1823
June 0.1848 0.1761 0.1818
July 0.1866 0.1807 0.1828
August 0.1860 0.1788 0.1822
September 0.1853 0.1765 0.1822
October 0.1805 0.1751 0.1781
November 0.1792 0.1662 0.1744
December 0.1779 0.1695 0.1743