YEARLY HIGH
0.0071 QAR
YEARLY LOW
0.0014 QAR
YEARLY AVERAGE
0.0037 QAR

2021 SYP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0071. Conversely, the yearly low was recorded on December 12, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0057 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0014, the exchange rate registered a net change of -79.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0071 was down 0.20% compared to the 2020 peak of 0.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36 QAR
2020 Average 35 QAR
Yearly Trough Low 7 QAR
Transaction Impact: A difference of 28.45 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0077
0.0009
JanuMarcMayJulySeptNove

SYP 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: JanтАУJun) was 0.0048, compared to 0.0026 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0022 points.

H1 Avg (JanтАУJun) 0.0048
H2 Avg (JulтАУDec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0042 QAR (High: 0.0071 / Low: 0.0029). On the other end, December was the most stable month, with a tight range of 0.0000 QAR (High: 0.0015 / Low: 0.0014).

March Spread (Volatile) ┬▒0.0042
December Spread (Stable) ┬▒0.0000

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0071) against the same month in 2020 (average: 0.0071), the exchange rate shifted by +0.0000 (+0.45%).

2021 Avg (January) 0.0071
2020 Avg (January) 0.0071

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Month High Low Average
January 0.0071 0.0071 0.0071
February 0.0071 0.0071 0.0071
March 0.0071 0.0029 0.0058
April 0.0029 0.0029 0.0029
May 0.0029 0.0029 0.0029
June 0.0029 0.0029 0.0029
July 0.0029 0.0029 0.0029
August 0.0029 0.0029 0.0029
September 0.0029 0.0029 0.0029
October 0.0029 0.0029 0.0029
November 0.0029 0.0014 0.0023
December 0.0015 0.0014 0.0014