YEARLY HIGH
2.7135 QAR
YEARLY LOW
2.3299 QAR
YEARLY AVERAGE
2.5385 QAR

2016 NZD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 2.7135. Conversely, the yearly low was recorded on January 19, dropping to 2.3299.

This high-to-low spread represents a total annual volatility of 0.3835 QAR. From a start-to-finish perspective, comparing the January average rate of 2.3837 to the December average rate of 2.5582, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7135 was down 5.02% compared to the 2015 peak of 2.8568, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,567 QAR
2015 Average 12,746 QAR
Yearly Trough Low 11,650 QAR
Transaction Impact: A difference of 1,917.65 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6874
2.3561
JanuMarcMayJulySeptNove

NZD 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 2.4674, compared to 2.6095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1421 points.

H1 Avg (Jan–Jun) 2.4674
H2 Avg (Jul–Dec) 2.6095

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.1657 QAR (High: 2.4957 / Low: 2.3299). On the other end, August was the most stable month, with a tight range of 0.0711 QAR (High: 2.6639 / Low: 2.5928).

January Spread (Volatile) ±0.1657
August Spread (Stable) ±0.0711

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0522 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 2.6597) against the same month in 2015 (average: 2.3077), the exchange rate shifted by +0.3521 (+15.26%).

2016 Avg (September) 2.6597
2015 Avg (September) 2.3077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4957 2.3299 2.3837
February 2.4488 2.3734 2.4165
March 2.5194 2.4061 2.4573
April 2.5654 2.4681 2.5084
May 2.5584 2.4377 2.4740
June 2.6349 2.4770 2.5648
July 2.6604 2.5376 2.6000
August 2.6639 2.5928 2.6307
September 2.7135 2.6342 2.6597
October 2.6562 2.5635 2.6075
November 2.6830 2.5462 2.6009
December 2.6229 2.5050 2.5582