YEARLY HIGH
2749.0560 GNF
YEARLY LOW
2581.7083 GNF
YEARLY AVERAGE
2642.0404 GNF

2020 QAR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2749.0560. Conversely, the yearly low was recorded on January 28, dropping to 2581.7083.

This high-to-low spread represents a total annual volatility of 167.3476 GNF. From a start-to-finish perspective, comparing the January average rate of 2605.0113 to the December average rate of 2730.6190, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2749.0560 was up 4.68% compared to the 2019 peak of 2626.2695, 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 13,745,280 GNF
2019 Average 12,675,634 GNF
Yearly Trough Low 12,908,542 GNF
Transaction Impact: A difference of 836,738.17 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2743.5777
2588.0741
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2606.9106, compared to 2677.1702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.2596 points.

H1 Avg (Jan–Jun) 2606.9106
H2 Avg (Jul–Dec) 2677.1702

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 54.6582 GNF (High: 2636.3666 / Low: 2581.7083). On the other end, July was the most stable month, with a tight range of 5.7734 GNF (High: 2646.5314 / Low: 2640.7580).

January Spread (Volatile) ±54.6582
July Spread (Stable) ±5.7734

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.3175 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -6.3175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2730.6190) against the same month in 2019 (average: 2603.6033), the exchange rate shifted by +127.0157 (+4.88%).

2020 Avg (December) 2730.6190
2019 Avg (December) 2603.6033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2636.3666 2581.7083 2605.0113
February 2616.7674 2585.1414 2601.0328
March 2639.0119 2585.1414 2602.9537
April 2624.7038 2586.0056 2607.4644
May 2615.6939 2586.1248 2601.1468
June 2647.5311 2595.4408 2623.8550
July 2646.5314 2640.7580 2644.1391
August 2652.9953 2633.1637 2648.0473
September 2685.5696 2642.3127 2664.4498
October 2691.4562 2677.8358 2686.2526
November 2701.4403 2677.8358 2689.5135
December 2749.0560 2697.0612 2730.6190