YEARLY HIGH
0.2403 QAR
YEARLY LOW
0.2344 QAR
YEARLY AVERAGE
0.2361 QAR

2021 MVR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.2403. Conversely, the yearly low was recorded on September 29, dropping to 0.2344.

This high-to-low spread represents a total annual volatility of 0.0060 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2364 to the December average rate of 0.2358, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2403 was up 1.19% compared to the 2020 peak of 0.2375, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,202 QAR
2020 Average 1,180 QAR
Yearly Trough Low 1,172 QAR
Transaction Impact: A difference of 29.82 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2368
0.2355
JanuMarcMayJulySeptNove

MVR 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 0.2361, compared to 0.2362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2361
H2 Avg (Jul–Dec) 0.2362

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0047 QAR (High: 0.2403 / Low: 0.2356). On the other end, February was the most stable month, with a tight range of 0.0005 QAR (High: 0.2365 / Low: 0.2360).

July Spread (Volatile) ±0.0047
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 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 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.2366) against the same month in 2020 (average: 0.2364), the exchange rate shifted by +0.0002 (+0.11%).

2021 Avg (July) 0.2366
2020 Avg (July) 0.2364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2376 0.2360 0.2364
February 0.2365 0.2360 0.2363
March 0.2371 0.2355 0.2359
April 0.2364 0.2349 0.2356
May 0.2372 0.2349 0.2362
June 0.2381 0.2349 0.2358
July 0.2403 0.2356 0.2366
August 0.2400 0.2354 0.2367
September 0.2388 0.2344 0.2365
October 0.2376 0.2355 0.2358
November 0.2370 0.2355 0.2358
December 0.2368 0.2355 0.2358