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2021 QAR to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the QAR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 160.8091. Conversely, the yearly low was recorded on January 6, dropping to 146.0139.
This high-to-low spread represents a total annual volatility of 14.7952 XAF. From a start-to-finish perspective, comparing the January average rate of 148.0202 to the December average rate of 159.3469, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 160.8091 was down 4.90% compared to the 2020 peak of 169.0925, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
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QAR to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 149.4905, compared to 154.9578 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 5.4673 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 6.4008 XAF (High: 156.1467 / Low: 149.7459). On the other end, December was the most stable month, with a tight range of 1.8876 XAF (High: 160.2833 / Low: 158.3957).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.3486 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 157.9460) against the same month in 2020 (average: 152.0806), the exchange rate shifted by +5.8654 (+3.86%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 149.1959 | 146.0139 | 148.0202 |
| February | 150.5526 | 148.0351 | 148.9650 |
| March | 153.6775 | 149.0755 | 151.3704 |
| April | 153.2156 | 148.4686 | 150.6442 |
| May | 150.0355 | 147.0862 | 148.2956 |
| June | 151.8595 | 147.4594 | 149.6476 |
| July | 153.0489 | 149.3676 | 152.1108 |
| August | 153.9856 | 149.2089 | 152.3619 |
| September | 156.1467 | 149.7459 | 152.6686 |
| October | 156.2305 | 154.2140 | 155.3125 |
| November | 160.8091 | 155.1091 | 157.9460 |
| December | 160.2833 | 158.3957 | 159.3469 |