2017 QAR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 QAR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the QAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 9791.4535. Conversely, the yearly low was recorded on January 1, dropping to 8258.9138.
This high-to-low spread represents a total annual volatility of 1532.5397 IRR. From a start-to-finish perspective, comparing the January average rate of 8708.8557 to the December average rate of 9610.0725, the exchange rate registered a net change of 10.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 9791.4535 was up 17.20% compared to the 2016 peak of 8354.5545, 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 2017.
QAR to IRR 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 8861.4311, compared to 9111.9220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 250.4909 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 688.3488 IRR (High: 9558.1667 / Low: 8869.8179). On the other end, April was the most stable month, with a tight range of 7.1018 IRR (High: 8914.5467 / Low: 8907.4449).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 83.9277 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 9610.0725) against the same month in 2016 (average: 8259.2982), the exchange rate shifted by +1350.7743 (+16.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8894.6794 | 8258.9138 | 8708.8557 |
| February | 8906.0228 | 8891.4657 | 8898.4559 |
| March | 8908.9503 | 8897.5737 | 8905.8681 |
| April | 8914.5467 | 8907.4449 | 8911.4619 |
| May | 8936.0671 | 8911.1287 | 8913.9364 |
| June | 8914.6830 | 8559.0394 | 8830.0087 |
| July | 9011.1480 | 8695.9316 | 8892.1481 |
| August | 9062.4008 | 8913.1643 | 8979.0749 |
| September | 9112.2063 | 8952.0958 | 8998.2341 |
| October | 9428.6038 | 8901.4334 | 9074.2896 |
| November | 9558.1667 | 8869.8179 | 9117.7130 |
| December | 9791.4535 | 9375.2097 | 9610.0725 |