YEARLY HIGH
1038.4362 MGA
YEARLY LOW
669.1093 MGA
YEARLY AVERAGE
997.6953 MGA

2019 QAR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1038.4362. Conversely, the yearly low was recorded on December 16, dropping to 669.1093.

This high-to-low spread represents a total annual volatility of 369.3269 MGA. From a start-to-finish perspective, comparing the January average rate of 977.4098 to the December average rate of 990.2952, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1038.4362 was up 2.68% compared to the 2018 peak of 1011.3795, 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 5,192,181 MGA
2018 Average 4,590,156 MGA
Yearly Trough Low 3,345,547 MGA
Transaction Impact: A difference of 1,846,634.48 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1033.3041
965.6001
JanuMarcMayJulySeptNove

QAR to MGA 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 986.0795, compared to 1009.3111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.2315 points.

H1 Avg (Jan–Jun) 986.0795
H2 Avg (Jul–Dec) 1009.3111

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 345.9156 MGA (High: 1015.0250 / Low: 669.1093). On the other end, June was the most stable month, with a tight range of 10.7250 MGA (High: 1007.9651 / Low: 997.2401).

December Spread (Volatile) ±345.9156
June Spread (Stable) ±10.7250

Growth Streaks & Declines

Trends

Between February and June, 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 November and December, when the average rate fell by 23.2937 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -23.2937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 1027.6621) against the same month in 2018 (average: 934.2918), the exchange rate shifted by +93.3704 (+9.99%).

2019 Avg (September) 1027.6621
2018 Avg (September) 934.2918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1001.6349 956.1141 977.4098
February 994.0295 950.2623 971.2421
March 983.8712 959.8748 972.7830
April 1001.8167 976.5097 992.3159
May 1011.5448 988.3963 1000.8206
June 1007.9651 997.2401 1001.9056
July 1007.0022 991.4793 998.8441
August 1023.3598 1004.5320 1012.9103
September 1038.4362 1018.4445 1027.6621
October 1024.4458 999.7254 1012.5658
November 1028.1425 990.9366 1013.5889
December 1015.0250 669.1093 990.2952