YEARLY HIGH
0.1964 QAR
YEARLY LOW
0.1437 QAR
YEARLY AVERAGE
0.1707 QAR

2020 MXN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.1964. Conversely, the yearly low was recorded on March 23, dropping to 0.1437.

This high-to-low spread represents a total annual volatility of 0.0527 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1936 to the December average rate of 0.1825, the exchange rate registered a net change of -5.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1964 was up 1.19% compared to the 2019 peak of 0.1941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 9,822 QAR
2019 Average 9,460 QAR
Yearly Trough Low 7,187 QAR
Transaction Impact: A difference of 2,635.22 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1980
0.1461
JanuMarcMayJulySeptNove

MXN 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 0.1700, compared to 0.1713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1700
H2 Avg (Jul–Dec) 0.1713

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0438 QAR (High: 0.1876 / Low: 0.1437). On the other end, January was the most stable month, with a tight range of 0.0033 QAR (High: 0.1951 / Low: 0.1918).

March Spread (Volatile) ±0.0438
January Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0291 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.1932) against the same month in 2019 (average: 0.1899), the exchange rate shifted by +0.0034 (+1.78%).

2020 Avg (February) 0.1932
2019 Avg (February) 0.1899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1951 0.1918 0.1936
February 0.1964 0.1857 0.1932
March 0.1876 0.1437 0.1641
April 0.1561 0.1443 0.1504
May 0.1643 0.1464 0.1555
June 0.1695 0.1579 0.1631
July 0.1659 0.1597 0.1626
August 0.1674 0.1608 0.1644
September 0.1742 0.1625 0.1684
October 0.1745 0.1667 0.1714
November 0.1823 0.1703 0.1786
December 0.1844 0.1800 0.1825