YEARLY HIGH
57.9613 GYD
YEARLY LOW
56.8031 GYD
YEARLY AVERAGE
57.4164 GYD

2020 QAR to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 57.9613. Conversely, the yearly low was recorded on March 29, dropping to 56.8031.

This high-to-low spread represents a total annual volatility of 1.1582 GYD. From a start-to-finish perspective, comparing the January average rate of 57.3668 to the December average rate of 57.4701, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 57.9613 was up 0.17% compared to the 2019 peak of 57.8623, 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 289,807 GYD
2019 Average 286,895 GYD
Yearly Trough Low 284,015 GYD
Transaction Impact: A difference of 5,791.17 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

57.4815
57.3444
JanuMarcMayJulySeptNove

QAR to GYD 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 57.3958, compared to 57.4370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0412 points.

H1 Avg (Jan–Jun) 57.3958
H2 Avg (Jul–Dec) 57.4370

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1582 GYD (High: 57.9613 / Low: 56.8031). On the other end, October was the most stable month, with a tight range of 0.1098 GYD (High: 57.4767 / Low: 57.3669).

March Spread (Volatile) ±1.1582
October Spread (Stable) ±0.1098

Growth Streaks & Declines

Trends

Between February and June, 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 July and August, when the average rate fell by 0.0247 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 57.3789) against the same month in 2019 (average: 57.3315), the exchange rate shifted by +0.0473 (+0.08%).

2020 Avg (March) 57.3789
2019 Avg (March) 57.3315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.7550 57.0906 57.3668
February 57.5189 57.2015 57.3558
March 57.9613 56.8031 57.3789
April 57.6354 56.8441 57.4139
May 57.5744 57.0339 57.4224
June 57.6196 57.3517 57.4371
July 57.5360 57.3345 57.4360
August 57.5360 57.1786 57.4113
September 57.4815 57.3134 57.4218
October 57.4767 57.3669 57.4435
November 57.5623 57.3568 57.4392
December 57.7110 57.3023 57.4701