YEARLY HIGH
1.9690 CNY
YEARLY LOW
1.7905 CNY
YEARLY AVERAGE
1.8956 CNY

2020 QAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 1.9690. Conversely, the yearly low was recorded on December 6, dropping to 1.7905.

This high-to-low spread represents a total annual volatility of 0.1785 CNY. From a start-to-finish perspective, comparing the January average rate of 1.9018 to the December average rate of 1.7959, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9690 was down 0.14% compared to the 2019 peak of 1.9717, 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 9,845 CNY
2019 Average 9,488 CNY
Yearly Trough Low 8,953 CNY
Transaction Impact: A difference of 892.49 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9660
1.7804
JanuMarcMayJulySeptNove

QAR to CNY 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 1.9318, compared to 1.8593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0725 points.

H1 Avg (Jan–Jun) 1.9318
H2 Avg (Jul–Dec) 1.8593

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0504 CNY (High: 1.9540 / Low: 1.9036). On the other end, December was the most stable month, with a tight range of 0.0145 CNY (High: 1.8051 / Low: 1.7905).

March Spread (Volatile) ±0.0504
December Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0333 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 1.9505) against the same month in 2019 (average: 1.8820), the exchange rate shifted by +0.0685 (+3.64%).

2020 Avg (May) 1.9505
2019 Avg (May) 1.8820

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9160 1.8840 1.9018
February 1.9338 1.9052 1.9214
March 1.9540 1.9036 1.9300
April 1.9501 1.9323 1.9420
May 1.9690 1.9396 1.9505
June 1.9576 1.9386 1.9451
July 1.9417 1.9157 1.9254
August 1.9174 1.8826 1.9030
September 1.8806 1.8552 1.8715
October 1.8665 1.8267 1.8467
November 1.8380 1.8008 1.8134
December 1.8051 1.7905 1.7959