YEARLY HIGH
0.0724 QAR
YEARLY LOW
0.0689 QAR
YEARLY AVERAGE
0.0707 QAR

2021 GMD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0724. Conversely, the yearly low was recorded on December 18, dropping to 0.0689.

This high-to-low spread represents a total annual volatility of 0.0035 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0705 to the December average rate of 0.0693, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0724 was up 0.67% compared to the 2020 peak of 0.0719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 362 QAR
2020 Average 354 QAR
Yearly Trough Low 344 QAR
Transaction Impact: A difference of 17.58 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0717
0.0691
JanuMarcMayJulySeptNove

GMD 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 0.0710, compared to 0.0705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0710
H2 Avg (Jul–Dec) 0.0705

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0021 QAR (High: 0.0721 / Low: 0.0700). On the other end, January was the most stable month, with a tight range of 0.0004 QAR (High: 0.0707 / Low: 0.0704).

September Spread (Volatile) ±0.0021
January Spread (Stable) ±0.0004

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 September and October, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0715) against the same month in 2020 (average: 0.0703), the exchange rate shifted by +0.0012 (+1.76%).

2021 Avg (August) 0.0715
2020 Avg (August) 0.0703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0707 0.0704 0.0705
February 0.0710 0.0706 0.0708
March 0.0712 0.0708 0.0710
April 0.0714 0.0710 0.0712
May 0.0714 0.0710 0.0711
June 0.0715 0.0711 0.0712
July 0.0724 0.0711 0.0713
August 0.0724 0.0711 0.0715
September 0.0721 0.0700 0.0710
October 0.0712 0.0699 0.0703
November 0.0701 0.0695 0.0697
December 0.0696 0.0689 0.0693