YEARLY HIGH
0.0404 QAR
YEARLY LOW
0.0141 QAR
YEARLY AVERAGE
0.0375 QAR

2020 CVE to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0404. Conversely, the yearly low was recorded on March 18, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0263 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0365 to the December average rate of 0.0401, the exchange rate registered a net change of 9.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0404 was up 6.55% compared to the 2019 peak of 0.0379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 QAR
2019 Average 184 QAR
Yearly Trough Low 71 QAR
Transaction Impact: A difference of 131.47 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0405
0.0352
JanuMarcMayJulySeptNove

CVE 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 0.0361, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0361
H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0233 QAR (High: 0.0374 / Low: 0.0141). On the other end, April was the most stable month, with a tight range of 0.0005 QAR (High: 0.0360 / Low: 0.0355).

March Spread (Volatile) ±0.0233
April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0401) against the same month in 2019 (average: 0.0365), the exchange rate shifted by +0.0036 (+9.73%).

2020 Avg (December) 0.0401
2019 Avg (December) 0.0365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0369 0.0362 0.0365
February 0.0363 0.0355 0.0359
March 0.0374 0.0141 0.0356
April 0.0360 0.0355 0.0358
May 0.0366 0.0355 0.0359
June 0.0374 0.0366 0.0370
July 0.0388 0.0363 0.0376
August 0.0393 0.0386 0.0390
September 0.0393 0.0382 0.0388
October 0.0391 0.0385 0.0387
November 0.0395 0.0383 0.0389
December 0.0404 0.0396 0.0401