YEARLY HIGH
2.5193 SEK
YEARLY LOW
2.2402 SEK
YEARLY AVERAGE
2.3551 SEK

2021 QAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.5193. Conversely, the yearly low was recorded on January 3, dropping to 2.2402.

This high-to-low spread represents a total annual volatility of 0.2790 SEK. From a start-to-finish perspective, comparing the January average rate of 2.2788 to the December average rate of 2.4978, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5193 was down 12.17% compared to the 2020 peak of 2.8684, 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 12,596 SEK
2020 Average 12,643 SEK
Yearly Trough Low 11,201 SEK
Transaction Impact: A difference of 1,395.02 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.5197
2.2569
JanuMarcMayJulySeptNove

QAR to SEK 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: JanтАУJun) was 2.3084, compared to 2.4018 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0934 points.

H1 Avg (JanтАУJun) 2.3084
H2 Avg (JulтАУDec) 2.4018

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1755 SEK (High: 2.5153 / Low: 2.3398). On the other end, December was the most stable month, with a tight range of 0.0400 SEK (High: 2.5193 / Low: 2.4793).

November Spread (Volatile) ┬▒0.1755
December Spread (Stable) ┬▒0.0400

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0432 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.4978) against the same month in 2020 (average: 2.2942), the exchange rate shifted by +0.2036 (+8.88%).

2021 Avg (December) 2.4978
2020 Avg (December) 2.2942

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Month High Low Average
January 2.3100 2.2402 2.2788
February 2.3230 2.2701 2.2906
March 2.3984 2.3032 2.3449
April 2.3968 2.2895 2.3355
May 2.3296 2.2684 2.2922
June 2.3645 2.2663 2.3084
July 2.3897 2.3105 2.3656
August 2.4178 2.3211 2.3730
September 2.4305 2.3189 2.3673
October 2.4181 2.3377 2.3786
November 2.5153 2.3398 2.4284
December 2.5193 2.4793 2.4978