YEARLY HIGH
0.3983 CAD
YEARLY LOW
0.3488 CAD
YEARLY AVERAGE
0.3684 CAD

2020 QAR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.3983. Conversely, the yearly low was recorded on December 15, dropping to 0.3488.

This high-to-low spread represents a total annual volatility of 0.0495 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3592 to the December average rate of 0.3517, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3983 was up 6.38% compared to the 2019 peak of 0.3744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,991 CAD
2019 Average 1,822 CAD
Yearly Trough Low 1,744 CAD
Transaction Impact: A difference of 247.48 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3895
0.3483
JanuMarcMayJulySeptNove

QAR to CAD 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 0.3749, compared to 0.3619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.3749
H2 Avg (Jul–Dec) 0.3619

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0323 CAD (High: 0.3983 / Low: 0.3660). On the other end, February was the most stable month, with a tight range of 0.0047 CAD (High: 0.3679 / Low: 0.3631).

March Spread (Volatile) ±0.0323
February Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0119 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3828) against the same month in 2019 (average: 0.3671), the exchange rate shifted by +0.0157 (+4.28%).

2020 Avg (March) 0.3828
2019 Avg (March) 0.3671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3636 0.3560 0.3592
February 0.3679 0.3631 0.3648
March 0.3983 0.3660 0.3828
April 0.3908 0.3811 0.3860
May 0.3917 0.3778 0.3842
June 0.3759 0.3672 0.3723
July 0.3738 0.3664 0.3711
August 0.3683 0.3584 0.3635
September 0.3677 0.3585 0.3630
October 0.3659 0.3601 0.3628
November 0.3672 0.3566 0.3592
December 0.3552 0.3488 0.3517