2018 QAR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 QAR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the QAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 98.8194. Conversely, the yearly low was recorded on October 8, dropping to 57.1272.
This high-to-low spread represents a total annual volatility of 41.6922 MRO. From a start-to-finish perspective, comparing the January average rate of 97.4927 to the December average rate of 97.8998, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 98.8194 was down 1.58% compared to the 2017 peak of 100.4085, 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 2018.
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 97.6385, compared to 97.5411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0974 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 41.3732 MRO (High: 98.5004 / Low: 57.1272). On the other end, February was the most stable month, with a tight range of 0.2732 MRO (High: 97.7615 / Low: 97.4883).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.6616 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 98.0800) against the same month in 2017 (average: 93.2565), the exchange rate shifted by +4.8235 (+5.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 97.9054 | 97.0630 | 97.4927 |
| February | 97.7615 | 97.4883 | 97.6060 |
| March | 97.8928 | 97.4878 | 97.6693 |
| April | 98.0500 | 96.8854 | 97.6372 |
| May | 97.9093 | 97.6251 | 97.7100 |
| June | 97.9105 | 97.6251 | 97.7156 |
| July | 97.9662 | 97.6353 | 97.7920 |
| August | 98.4217 | 97.6358 | 97.9695 |
| September | 98.1874 | 97.7770 | 98.0835 |
| October | 98.5004 | 57.1272 | 95.4219 |
| November | 98.8194 | 98.0406 | 98.0800 |
| December | 98.0570 | 96.4024 | 97.8998 |