YEARLY HIGH
23.4765 CVE
YEARLY LOW
20.3546 CVE
YEARLY AVERAGE
21.7867 CVE

2011 QAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 23.4765. Conversely, the yearly low was recorded on May 4, dropping to 20.3546.

This high-to-low spread represents a total annual volatility of 3.1219 CVE. From a start-to-finish perspective, comparing the January average rate of 22.6710 to the December average rate of 23.0003, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 23.4765 was down 7.45% compared to the 2010 peak of 25.3657, 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 117,383 CVE
2010 Average 114,409 CVE
Yearly Trough Low 101,773 CVE
Transaction Impact: A difference of 15,609.47 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

23.2040
20.7597
JanuMarcMayJulySeptNove

QAR to CVE 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 21.6080, compared to 21.9653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3574 points.

H1 Avg (Jan–Jun) 21.6080
H2 Avg (Jul–Dec) 21.9653

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.5889 CVE (High: 22.9814 / Low: 21.3925). On the other end, August was the most stable month, with a tight range of 0.5086 CVE (High: 21.4182 / Low: 20.9096).

October Spread (Volatile) ±1.5889
August Spread (Stable) ±0.5086

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 0.6822 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 22.6710) against the same month in 2010 (average: 21.2410), the exchange rate shifted by +1.4300 (+6.73%).

2011 Avg (January) 22.6710
2010 Avg (January) 21.2410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4765 22.0850 22.6710
February 22.5385 21.8966 22.2007
March 21.9936 21.3157 21.6456
April 21.4212 20.3848 20.9634
May 21.6061 20.3546 21.1033
June 21.5018 20.6741 21.0637
July 21.6757 20.8909 21.2186
August 21.4182 20.9096 21.1376
September 22.5553 21.2053 21.9870
October 22.9814 21.3925 22.0908
November 22.9245 21.9362 22.3578
December 23.4426 22.4128 23.0003