YEARLY HIGH
2.1631 HKD
YEARLY LOW
2.1378 HKD
YEARLY AVERAGE
2.1520 HKD

2019 QAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.1631. Conversely, the yearly low was recorded on July 4, dropping to 2.1378.

This high-to-low spread represents a total annual volatility of 0.0252 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1535 to the December average rate of 2.1437, the exchange rate registered a net change of -0.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.1631 was down 0.19% compared to the 2018 peak of 2.1672, 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 10,815 HKD
2018 Average 10,762 HKD
Yearly Trough Low 10,689 HKD
Transaction Impact: A difference of 126.20 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1570
2.1425
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 2.1541, compared to 2.1499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 2.1541
H2 Avg (Jul–Dec) 2.1499

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0137 HKD (High: 2.1631 / Low: 2.1494). On the other end, February was the most stable month, with a tight range of 0.0027 HKD (High: 2.1560 / Low: 2.1533).

August Spread (Volatile) ±0.0137
February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0064 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.1538) against the same month in 2018 (average: 2.1565), the exchange rate shifted by -0.0027 (-0.13%).

2019 Avg (August) 2.1538
2018 Avg (August) 2.1565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1550 2.1508 2.1535
February 2.1560 2.1533 2.1553
March 2.1569 2.1539 2.1558
April 2.1559 2.1518 2.1546
May 2.1566 2.1530 2.1554
June 2.1546 2.1446 2.1497
July 2.1500 2.1378 2.1456
August 2.1631 2.1494 2.1538
September 2.1572 2.1475 2.1521
October 2.1620 2.1512 2.1542
November 2.1526 2.1478 2.1501
December 2.1510 2.1385 2.1437