YEARLY HIGH
120.9510 KZT
YEARLY LOW
113.9679 KZT
YEARLY AVERAGE
117.0761 KZT

2021 QAR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 120.9510. Conversely, the yearly low was recorded on February 23, dropping to 113.9679.

This high-to-low spread represents a total annual volatility of 6.9832 KZT. From a start-to-finish perspective, comparing the January average rate of 115.5565 to the December average rate of 119.9378, the exchange rate registered a net change of 3.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 120.9510 was down 3.67% compared to the 2020 peak of 125.5591, 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 604,755 KZT
2020 Average 568,613 KZT
Yearly Trough Low 569,839 KZT
Transaction Impact: A difference of 34,915.88 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

120.4260
114.5671
JanuMarcMayJulySeptNove

QAR to KZT 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 116.5272, compared to 117.6249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0976 points.

H1 Avg (Jan–Jun) 116.5272
H2 Avg (Jul–Dec) 117.6249

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 3.4395 KZT (High: 120.8782 / Low: 117.4388). On the other end, June was the most stable month, with a tight range of 0.9457 KZT (High: 117.7924 / Low: 116.8467).

November Spread (Volatile) ±3.4395
June Spread (Stable) ±0.9457

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.6224 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 119.9378) against the same month in 2020 (average: 115.5863), the exchange rate shifted by +4.3515 (+3.76%).

2021 Avg (December) 119.9378
2020 Avg (December) 115.5863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 116.3279 115.0494 115.5565
February 116.5460 113.9679 115.0553
March 116.8791 114.5318 115.5179
April 119.1562 116.9377 118.1402
May 118.5986 116.4593 117.5311
June 117.7924 116.8467 117.3625
July 118.3034 115.1992 117.0862
August 117.4467 114.7046 116.4638
September 117.5386 115.3322 116.6698
October 117.5611 115.9339 116.9924
November 120.8782 117.4388 118.5993
December 120.9510 119.0283 119.9378