2020 QAR to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 QAR to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the QAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 93.0722. Conversely, the yearly low was recorded on December 17, dropping to 79.6050.
This high-to-low spread represents a total annual volatility of 13.4672 HUF. From a start-to-finish perspective, comparing the January average rate of 82.6473 to the December average rate of 80.9702, the exchange rate registered a net change of -2.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 93.0722 was up 10.11% compared to the 2019 peak of 84.5234, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
QAR to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 86.1162, compared to 83.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0924 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 11.3828 HUF (High: 92.2559 / Low: 80.8730). On the other end, December was the most stable month, with a tight range of 2.1856 HUF (High: 81.7906 / Low: 79.6050).
Growth Streaks & Declines
TrendsBetween January and April, 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 May and June, when the average rate fell by 3.4598 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 90.1218) against the same month in 2019 (average: 78.5557), the exchange rate shifted by +11.5661 (+14.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.2383 | 80.8931 | 82.6473 |
| February | 86.1287 | 83.4826 | 84.9187 |
| March | 92.2559 | 80.8730 | 85.8505 |
| April | 93.0722 | 87.9449 | 90.1218 |
| May | 90.0673 | 85.6323 | 88.3093 |
| June | 87.0383 | 83.0488 | 84.8495 |
| July | 86.4126 | 79.8298 | 84.1643 |
| August | 82.7517 | 79.6520 | 80.9369 |
| September | 86.0789 | 82.0181 | 83.9934 |
| October | 86.5243 | 82.6990 | 84.5985 |
| November | 86.4925 | 82.5658 | 83.4797 |
| December | 81.7906 | 79.6050 | 80.9702 |