YEARLY HIGH
1.8050 CNY
YEARLY LOW
1.7426 CNY
YEARLY AVERAGE
1.7705 CNY

2021 QAR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 1.8050. Conversely, the yearly low was recorded on December 8, dropping to 1.7426.

This high-to-low spread represents a total annual volatility of 0.0625 CNY. From a start-to-finish perspective, comparing the January average rate of 1.7776 to the December average rate of 1.7495, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8050 was down 8.33% compared to the 2020 peak of 1.9690, 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 9,025 CNY
2020 Average 9,477 CNY
Yearly Trough Low 8,713 CNY
Transaction Impact: A difference of 312.29 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7962
1.7452
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 1.7772, compared to 1.7639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 1.7772
H2 Avg (Jul–Dec) 1.7639

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0423 CNY (High: 1.7888 / Low: 1.7464). On the other end, December was the most stable month, with a tight range of 0.0090 CNY (High: 1.7516 / Low: 1.7426).

July Spread (Volatile) ±0.0423
December Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0265 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.7920) against the same month in 2020 (average: 1.9420), the exchange rate shifted by -0.1501 (-7.73%).

2021 Avg (April) 1.7920
2020 Avg (April) 1.9420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7942 1.7655 1.7776
February 1.7820 1.7676 1.7756
March 1.8050 1.7758 1.7881
April 1.8050 1.7776 1.7920
May 1.7782 1.7439 1.7655
June 1.7801 1.7513 1.7642
July 1.7888 1.7464 1.7762
August 1.7858 1.7454 1.7711
September 1.7870 1.7493 1.7690
October 1.7711 1.7530 1.7632
November 1.7597 1.7446 1.7545
December 1.7516 1.7426 1.7495