2021 QAR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 QAR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the QAR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 98.5915. Conversely, the yearly low was recorded on December 31, dropping to 0.2746.
This high-to-low spread represents a total annual volatility of 98.3169 MRO. From a start-to-finish perspective, comparing the January average rate of 98.0119 to the December average rate of 69.6582, the exchange rate registered a net change of -28.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 98.5915 was up 0.33% compared to the 2020 peak of 98.2710, 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 2021.
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 98.0318, compared to 93.1694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.8624 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 97.8572 MRO (High: 98.1318 / Low: 0.2746). On the other end, February was the most stable month, with a tight range of 0.0849 MRO (High: 98.0851 / Low: 98.0002).
Growth Streaks & Declines
TrendsBetween August and October, 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 November and December, when the average rate fell by 28.3659 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2021: 97.8013) against the same month in 2020 (average: 98.0526), the exchange rate shifted by -0.2513 (-0.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.0791 | 97.5673 | 98.0119 |
| February | 98.0851 | 98.0002 | 98.0498 |
| March | 98.0499 | 97.7675 | 98.0225 |
| April | 98.3732 | 97.9345 | 98.0643 |
| May | 98.1978 | 97.7066 | 98.0300 |
| June | 98.0499 | 97.7064 | 98.0123 |
| July | 98.0769 | 96.4573 | 97.9116 |
| August | 98.0736 | 96.4249 | 97.5949 |
| September | 98.5915 | 96.7708 | 97.8013 |
| October | 98.0646 | 97.3978 | 98.0262 |
| November | 98.0499 | 97.5092 | 98.0241 |
| December | 98.1318 | 0.2746 | 69.6582 |