YEARLY HIGH
98.4567 MRO
YEARLY LOW
97.8511 MRO
YEARLY AVERAGE
98.0515 MRO

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 492,283 MRO
2018 Average 487,932 MRO
Yearly Trough Low 489,256 MRO
Transaction Impact: A difference of 3,027.72 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

98.0696
98.0444
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 98.0484
H2 Avg (Jul–Dec) 98.0546

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±0.5468
July Spread (Stable) ±0.0280

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (August) 98.0574
2018 Avg (August) 97.9695

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