YEARLY HIGH
2.1410 HKD
YEARLY LOW
2.1132 HKD
YEARLY AVERAGE
2.1302 HKD

2020 QAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 2.1410. Conversely, the yearly low was recorded on May 25, dropping to 2.1132.

This high-to-low spread represents a total annual volatility of 0.0278 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1350 to the December average rate of 2.1287, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1410 was down 1.02% compared to the 2019 peak of 2.1631, 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 10,705 HKD
2019 Average 10,760 HKD
Yearly Trough Low 10,566 HKD
Transaction Impact: A difference of 139.03 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1362
2.1274
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 2.1317, compared to 2.1288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 2.1317
H2 Avg (Jul–Dec) 2.1288

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0200 HKD (High: 2.1332 / Low: 2.1132). On the other end, June was the most stable month, with a tight range of 0.0007 HKD (High: 2.1290 / Low: 2.1283).

May Spread (Volatile) ±0.0200
June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.1354) against the same month in 2019 (average: 2.1553), the exchange rate shifted by -0.0199 (-0.92%).

2020 Avg (February) 2.1354
2019 Avg (February) 2.1553

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1403 2.1330 2.1350
February 2.1410 2.1322 2.1354
March 2.1403 2.1291 2.1328
April 2.1304 2.1258 2.1289
May 2.1332 2.1132 2.1291
June 2.1290 2.1283 2.1287
July 2.1296 2.1283 2.1289
August 2.1304 2.1226 2.1282
September 2.1295 2.1284 2.1287
October 2.1302 2.1283 2.1288
November 2.1298 2.1286 2.1293
December 2.1298 2.1239 2.1287