YEARLY HIGH
1.0130 QAR
YEARLY LOW
0.8770 QAR
YEARLY AVERAGE
0.9412 QAR

2021 PEN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 1.0130. Conversely, the yearly low was recorded on September 29, dropping to 0.8770.

This high-to-low spread represents a total annual volatility of 0.1361 QAR. From a start-to-finish perspective, comparing the January average rate of 1.0042 to the December average rate of 0.9005, the exchange rate registered a net change of -10.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0130 was down 8.01% compared to the 2020 peak of 1.1012, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,065 QAR
2020 Average 5,213 QAR
Yearly Trough Low 4,385 QAR
Transaction Impact: A difference of 680.34 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0157
0.8771
JanuMarcMayJulySeptNove

PEN 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 0.9782, compared to 0.9042 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0740 points.

H1 Avg (Jan–Jun) 0.9782
H2 Avg (Jul–Dec) 0.9042

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0597 QAR (High: 1.0130 / Low: 0.9533). On the other end, February was the most stable month, with a tight range of 0.0055 QAR (High: 1.0008 / Low: 0.9953).

April Spread (Volatile) ±0.0597
February Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0353 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9868) against the same month in 2020 (average: 1.0707), the exchange rate shifted by -0.0839 (-7.84%).

2021 Avg (April) 0.9868
2020 Avg (April) 1.0707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0116 0.9980 1.0042
February 1.0008 0.9953 0.9987
March 0.9956 0.9682 0.9825
April 1.0130 0.9533 0.9868
May 0.9965 0.9453 0.9662
June 0.9522 0.9137 0.9309
July 0.9483 0.9146 0.9262
August 0.9277 0.8850 0.8971
September 0.9024 0.8770 0.8886
October 0.9288 0.8798 0.9066
November 0.9113 0.8956 0.9061
December 0.9182 0.8915 0.9005