YEARLY HIGH
0.3553 CAD
YEARLY LOW
0.3307 CAD
YEARLY AVERAGE
0.3441 CAD

2021 QAR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.3553. Conversely, the yearly low was recorded on June 2, dropping to 0.3307.

This high-to-low spread represents a total annual volatility of 0.0246 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3494 to the December average rate of 0.3515, the exchange rate registered a net change of 0.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3553 was down 10.79% compared to the 2020 peak of 0.3983, 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 1,777 CAD
2020 Average 1,842 CAD
Yearly Trough Low 1,653 CAD
Transaction Impact: A difference of 123.05 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3534
0.3311
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 0.3426, compared to 0.3455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.3426
H2 Avg (Jul–Dec) 0.3455

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0156 CAD (High: 0.3491 / Low: 0.3334). On the other end, January was the most stable month, with a tight range of 0.0055 CAD (High: 0.3524 / Low: 0.3468).

July Spread (Volatile) ±0.0156
January Spread (Stable) ±0.0055

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 April and May, when the average rate fell by 0.0105 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.3515) against the same month in 2020 (average: 0.3517), the exchange rate shifted by -0.0002 (-0.05%).

2021 Avg (December) 0.3515
2020 Avg (December) 0.3517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3524 0.3468 0.3494
February 0.3530 0.3437 0.3487
March 0.3482 0.3403 0.3452
April 0.3464 0.3372 0.3434
May 0.3379 0.3308 0.3330
June 0.3423 0.3307 0.3359
July 0.3491 0.3334 0.3431
August 0.3522 0.3377 0.3445
September 0.3522 0.3399 0.3471
October 0.3473 0.3385 0.3417
November 0.3513 0.3399 0.3454
December 0.3553 0.3472 0.3515