YEARLY HIGH
11658.0364 IRR
YEARLY LOW
11376.2892 IRR
YEARLY AVERAGE
11568.5175 IRR

2021 QAR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 11658.0364. Conversely, the yearly low was recorded on July 5, dropping to 11376.2892.

This high-to-low spread represents a total annual volatility of 281.7472 IRR. From a start-to-finish perspective, comparing the January average rate of 11560.6475 to the December average rate of 11606.7558, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11658.0364 was down 35.88% compared to the 2020 peak of 18182.3757, 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 58,290,182 IRR
2020 Average 57,913,023 IRR
Yearly Trough Low 56,881,446 IRR
Transaction Impact: A difference of 1,408,736.21 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11614.5479
11521.0438
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11562.5158, compared to 11574.5192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0034 points.

H1 Avg (Jan–Jun) 11562.5158
H2 Avg (Jul–Dec) 11574.5192

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 219.6996 IRR (High: 11658.0364 / Low: 11438.3368). On the other end, February was the most stable month, with a tight range of 10.0191 IRR (High: 11568.2834 / Low: 11558.2643).

September Spread (Volatile) ±219.6996
February Spread (Stable) ±10.0191

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 27.4701 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -27.4701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 11561.4863) against the same month in 2020 (average: 11564.4115), the exchange rate shifted by -2.9252 (-0.03%).

2021 Avg (September) 11561.4863
2020 Avg (September) 11564.4115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11593.1027 11507.2047 11560.6475
February 11568.2834 11558.2643 11564.0914
March 11573.7436 11531.4241 11561.5196
April 11602.2515 11550.5214 11565.8220
May 11581.5683 11523.6382 11562.0861
June 11577.5071 11523.6129 11560.9280
July 11580.7005 11376.2892 11556.3059
August 11596.4076 11383.7180 11528.8358
September 11658.0364 11438.3368 11561.4863
October 11609.1258 11511.4543 11591.8469
November 11610.8212 11545.5550 11601.8843
December 11620.5204 11587.8065 11606.7558