YEARLY HIGH
27.8024 CVE
YEARLY LOW
26.3532 CVE
YEARLY AVERAGE
27.1332 CVE

2019 QAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 27.8024. Conversely, the yearly low was recorded on January 10, dropping to 26.3532.

This high-to-low spread represents a total annual volatility of 1.4491 CVE. From a start-to-finish perspective, comparing the January average rate of 26.5892 to the December average rate of 27.3934, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 27.8024 was up 3.24% compared to the 2018 peak of 26.9306, 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 139,012 CVE
2018 Average 128,696 CVE
Yearly Trough Low 131,766 CVE
Transaction Impact: A difference of 7,245.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

27.6518
26.4927
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 26.8915, compared to 27.3749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4834 points.

H1 Avg (Jan–Jun) 26.8915
H2 Avg (Jul–Dec) 27.3749

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.6632 CVE (High: 27.7574 / Low: 27.0942). On the other end, May was the most stable month, with a tight range of 0.2732 CVE (High: 27.3072 / Low: 27.0339).

December Spread (Volatile) ±0.6632
May Spread (Stable) ±0.2732

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 May and June, when the average rate fell by 0.2223 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 27.4971) against the same month in 2018 (average: 26.4535), the exchange rate shifted by +1.0436 (+3.94%).

2019 Avg (October) 27.4971
2018 Avg (October) 26.4535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.7873 26.3532 26.5892
February 26.9441 26.4577 26.7443
March 27.0757 26.6876 26.8659
April 27.2886 26.8806 27.0488
May 27.3072 27.0339 27.1616
June 27.2559 26.7052 26.9393
July 27.3139 26.8089 27.0309
August 27.6435 27.0016 27.2629
September 27.7757 27.3975 27.5552
October 27.8024 27.2453 27.4971
November 27.7465 27.2933 27.5100
December 27.7574 27.0942 27.3934