2020 QAR to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 QAR to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the QAR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 21.4508. Conversely, the yearly low was recorded on March 2, dropping to 20.7873.
This high-to-low spread represents a total annual volatility of 0.6635 AFN. From a start-to-finish perspective, comparing the January average rate of 21.2054 to the December average rate of 21.1629, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 21.4508 was down 4.32% compared to the 2019 peak of 22.4183, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
QAR to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.0677, compared to 21.1409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0732 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was February, with a trading range of 0.5576 AFN (High: 21.3883 / Low: 20.8308). On the other end, October was the most stable month, with a tight range of 0.0521 AFN (High: 21.1314 / Low: 21.0794).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1948 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 21.2054) against the same month in 2019 (average: 20.7323), the exchange rate shifted by +0.4732 (+2.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.4508 | 20.9832 | 21.2054 |
| February | 21.3883 | 20.8308 | 21.1276 |
| March | 21.1206 | 20.7873 | 20.9328 |
| April | 21.0656 | 20.8228 | 20.9192 |
| May | 21.0725 | 20.8992 | 20.9997 |
| June | 21.3266 | 21.0656 | 21.2215 |
| July | 21.2167 | 21.0656 | 21.1674 |
| August | 21.4246 | 21.0324 | 21.1631 |
| September | 21.1892 | 20.9944 | 21.1020 |
| October | 21.1314 | 21.0794 | 21.1092 |
| November | 21.1632 | 21.1025 | 21.1409 |
| December | 21.2290 | 21.0964 | 21.1629 |