2017 QAR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 QAR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the QAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 100.4085. Conversely, the yearly low was recorded on November 21, dropping to 90.4783.
This high-to-low spread represents a total annual volatility of 9.9302 MRO. From a start-to-finish perspective, comparing the January average rate of 98.4897 to the December average rate of 96.8646, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 100.4085 was up 1.58% compared to the 2016 peak of 98.8457, 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 MRO 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 98.5848, compared to 97.2174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3675 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 7.0970 MRO (High: 97.5754 / Low: 90.4783). On the other end, May was the most stable month, with a tight range of 0.9681 MRO (High: 99.3976 / Low: 98.4295).
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 October and November, when the average rate fell by 3.3157 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 99.3482) against the same month in 2016 (average: 97.6071), the exchange rate shifted by +1.7411 (+1.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.1257 | 97.9606 | 98.4897 |
| February | 99.1266 | 98.0925 | 98.5976 |
| March | 99.1305 | 97.7710 | 98.6563 |
| April | 99.2387 | 98.1657 | 98.9124 |
| May | 99.3976 | 98.4295 | 98.8573 |
| June | 99.3273 | 94.8500 | 97.9957 |
| July | 99.8910 | 96.3459 | 98.5763 |
| August | 100.4085 | 98.4226 | 99.3482 |
| September | 100.1601 | 98.1267 | 98.6862 |
| October | 100.3728 | 93.3667 | 96.5722 |
| November | 97.5754 | 90.4783 | 93.2565 |
| December | 98.0034 | 95.7127 | 96.8646 |