YEARLY HIGH
4.2668 MVR
YEARLY LOW
4.1609 MVR
YEARLY AVERAGE
4.2349 MVR

2021 QAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 4.2668. Conversely, the yearly low was recorded on July 5, dropping to 4.1609.

This high-to-low spread represents a total annual volatility of 0.1059 MVR. From a start-to-finish perspective, comparing the January average rate of 4.2293 to the December average rate of 4.2403, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.2668 was down 0.16% compared to the 2020 peak of 4.2734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,334 MVR
2020 Average 21,185 MVR
Yearly Trough Low 20,805 MVR
Transaction Impact: A difference of 529.37 MVR purely based on transaction execution date.

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4.2466
4.2223
JanuMarcMayJulySeptNove

QAR to MVR 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 4.2363, compared to 4.2334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 4.2363
H2 Avg (Jul–Dec) 4.2334

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0836 MVR (High: 4.2445 / Low: 4.1609). On the other end, February was the most stable month, with a tight range of 0.0083 MVR (High: 4.2365 / Low: 4.2282).

July Spread (Volatile) Âą0.0836
February Spread (Stable) Âą0.0083

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0142 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 4.2286) against the same month in 2020 (average: 4.2312), the exchange rate shifted by -0.0026 (-0.06%).

2021 Avg (September) 4.2286
2020 Avg (September) 4.2312

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Month High Low Average
January 4.2381 4.2088 4.2293
February 4.2365 4.2282 4.2313
March 4.2461 4.2174 4.2389
April 4.2573 4.2296 4.2446
May 4.2571 4.2159 4.2334
June 4.2571 4.1991 4.2405
July 4.2445 4.1609 4.2263
August 4.2488 4.1663 4.2244
September 4.2668 4.1880 4.2286
October 4.2461 4.2083 4.2407
November 4.2461 4.2200 4.2403
December 4.2469 4.2237 4.2403