2019 QAR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 QAR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the QAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 98.4567. Conversely, the yearly low was recorded on September 30, dropping to 97.8511.
This high-to-low spread represents a total annual volatility of 0.6055 MRO. From a start-to-finish perspective, comparing the January average rate of 98.0465 to the December average rate of 98.0556, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 98.4567 was down 0.37% compared to the 2018 peak of 98.8194, 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 2019.
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 98.0484, compared to 98.0546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.5468 MRO (High: 98.4567 / Low: 97.9099). On the other end, July was the most stable month, with a tight range of 0.0280 MRO (High: 98.0570 / Low: 98.0290).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0157 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 98.0574) against the same month in 2018 (average: 97.9695), the exchange rate shifted by +0.0879 (+0.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.0553 | 98.0199 | 98.0465 |
| February | 98.0769 | 97.9812 | 98.0465 |
| March | 98.0918 | 97.9690 | 98.0486 |
| April | 98.1070 | 98.0275 | 98.0506 |
| May | 98.0966 | 98.0043 | 98.0477 |
| June | 98.1376 | 98.0343 | 98.0506 |
| July | 98.0570 | 98.0290 | 98.0471 |
| August | 98.4567 | 97.9099 | 98.0574 |
| September | 98.2300 | 97.8511 | 98.0482 |
| October | 98.4081 | 97.9612 | 98.0675 |
| November | 98.0840 | 98.0240 | 98.0519 |
| December | 98.1509 | 98.0378 | 98.0556 |