2020 QAR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 QAR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the QAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 98.2710. Conversely, the yearly low was recorded on May 25, dropping to 97.2868.
This high-to-low spread represents a total annual volatility of 0.9842 MRO. From a start-to-finish perspective, comparing the January average rate of 98.0525 to the December average rate of 98.0302, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 98.2710 was down 0.19% compared to the 2019 peak of 98.4567, 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 2020.
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 98.0468, compared to 98.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 0.8858 MRO (High: 98.1726 / Low: 97.2868). On the other end, June was the most stable month, with a tight range of 0.0198 MRO (High: 98.0563 / Low: 98.0365).
Growth Streaks & Declines
TrendsBetween May and July, 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 July and August, when the average rate fell by 0.0240 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 98.0562) against the same month in 2019 (average: 98.0486), the exchange rate shifted by +0.0076 (+0.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.0950 | 98.0498 | 98.0525 |
| February | 98.0625 | 98.0359 | 98.0500 |
| March | 98.2710 | 97.9341 | 98.0562 |
| April | 98.1203 | 97.8837 | 98.0477 |
| May | 98.1726 | 97.2868 | 98.0256 |
| June | 98.0563 | 98.0365 | 98.0488 |
| July | 98.0573 | 98.0309 | 98.0501 |
| August | 98.1328 | 97.7680 | 98.0261 |
| September | 98.0923 | 98.0421 | 98.0526 |
| October | 98.1233 | 98.0339 | 98.0509 |
| November | 98.0581 | 98.0304 | 98.0497 |
| December | 98.0567 | 97.8080 | 98.0302 |