2011 QAR to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 QAR to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the QAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 3.8832. Conversely, the yearly low was recorded on April 4, dropping to 3.5151.
This high-to-low spread represents a total annual volatility of 0.3681 MVR. From a start-to-finish perspective, comparing the January average rate of 3.5165 to the December average rate of 3.8687, the exchange rate registered a net change of 10.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 3.8832 was up 9.98% compared to the 2010 peak of 3.5309, 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 2011.
QAR to MVR 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 3.6129, compared to 3.8707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2578 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 0.3633 MVR (High: 3.8805 / Low: 3.5172). On the other end, January was the most stable month, with a tight range of 0.0014 MVR (High: 3.5172 / Low: 3.5158).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 3.8764) against the same month in 2010 (average: 3.5165), the exchange rate shifted by +0.3598 (+10.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5172 | 3.5158 | 3.5165 |
| February | 3.5185 | 3.5158 | 3.5168 |
| March | 3.5179 | 3.5158 | 3.5168 |
| April | 3.5179 | 3.5151 | 3.5168 |
| May | 3.8805 | 3.5172 | 3.7474 |
| June | 3.8771 | 3.8530 | 3.8633 |
| July | 3.8771 | 3.8599 | 3.8685 |
| August | 3.8709 | 3.8626 | 3.8683 |
| September | 3.8819 | 3.8668 | 3.8733 |
| October | 3.8832 | 3.8688 | 3.8764 |
| November | 3.8771 | 3.8492 | 3.8690 |
| December | 3.8742 | 3.8588 | 3.8687 |