2016 QAR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 QAR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the QAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 2607.8182. Conversely, the yearly low was recorded on June 5, dropping to 1997.7845.
This high-to-low spread represents a total annual volatility of 610.0337 GNF. From a start-to-finish perspective, comparing the January average rate of 2124.2436 to the December average rate of 2548.2767, the exchange rate registered a net change of 19.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 2607.8182 was up 19.19% compared to the 2015 peak of 2188.0092, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
QAR to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2096.1552, compared to 2497.6618 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 401.5066 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 471.4899 GNF (High: 2469.2744 / Low: 1997.7845). On the other end, April was the most stable month, with a tight range of 20.0253 GNF (High: 2087.4595 / Low: 2067.4343).
Growth Streaks & Declines
TrendsBetween 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 50.5752 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 2548.2767) against the same month in 2015 (average: 2120.8477), the exchange rate shifted by +427.4290 (+20.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2148.3818 | 2109.6035 | 2124.2436 |
| February | 2135.0705 | 2094.7722 | 2114.4031 |
| March | 2101.9623 | 2080.7123 | 2091.2180 |
| April | 2087.4595 | 2067.4343 | 2082.7413 |
| May | 2077.2327 | 2008.3802 | 2032.1661 |
| June | 2469.2744 | 1997.7845 | 2132.1589 |
| July | 2478.8517 | 2420.0089 | 2457.8685 |
| August | 2510.6759 | 2447.3579 | 2484.2279 |
| September | 2512.4537 | 2474.0217 | 2495.2615 |
| October | 2507.8912 | 2472.3128 | 2494.6965 |
| November | 2525.4030 | 2478.4260 | 2505.6397 |
| December | 2607.8182 | 2509.0590 | 2548.2767 |