YEARLY HIGH
2.1597 HKD
YEARLY LOW
1.9927 HKD
YEARLY AVERAGE
2.1196 HKD

2017 QAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 2.1597. Conversely, the yearly low was recorded on November 21, dropping to 1.9927.

This high-to-low spread represents a total annual volatility of 0.1671 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1303 to the December average rate of 2.1298, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1597 was up 0.59% compared to the 2016 peak of 2.1471, 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 10,799 HKD
2016 Average 10,659 HKD
Yearly Trough Low 9,963 HKD
Transaction Impact: A difference of 835.30 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1475
2.0425
JanuMarcMayJulySeptNove

QAR to HKD 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 2.1315, compared to 2.1077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 2.1315
H2 Avg (Jul–Dec) 2.1077

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1536 HKD (High: 2.1463 / Low: 1.9927). On the other end, January was the most stable month, with a tight range of 0.0013 HKD (High: 2.1309 / Low: 2.1296).

November Spread (Volatile) ±0.1536
January Spread (Stable) ±0.0013

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 October and November, when the average rate fell by 0.0362 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.1376) against the same month in 2016 (average: 2.1301), the exchange rate shifted by +0.0074 (+0.35%).

2017 Avg (August) 2.1376
2016 Avg (August) 2.1301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1309 2.1296 2.1303
February 2.1326 2.1306 2.1311
March 2.1344 2.1316 2.1326
April 2.1369 2.1337 2.1351
May 2.1430 2.1361 2.1387
June 2.1400 2.0558 2.1211
July 2.1525 2.0909 2.1295
August 2.1597 2.1207 2.1376
September 2.1385 2.0969 2.1107
October 2.1438 2.0522 2.0874
November 2.1463 1.9927 2.0512
December 2.1508 2.1057 2.1298