YEARLY HIGH
0.4292 NZD
YEARLY LOW
0.3685 NZD
YEARLY AVERAGE
0.3944 NZD

2016 QAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.4292. Conversely, the yearly low was recorded on September 7, dropping to 0.3685.

This high-to-low spread represents a total annual volatility of 0.0607 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4197 to the December average rate of 0.3910, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4292 was down 2.08% compared to the 2015 peak of 0.4383, 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 2,146 NZD
2015 Average 1,970 NZD
Yearly Trough Low 1,843 NZD
Transaction Impact: A difference of 303.32 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4240
0.3716
JanuMarcMayJulySeptNove

QAR to NZD 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 0.4056, compared to 0.3833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 0.4056
H2 Avg (Jul–Dec) 0.3833

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0285 NZD (High: 0.4292 / Low: 0.4007). On the other end, August was the most stable month, with a tight range of 0.0103 NZD (High: 0.3857 / Low: 0.3754).

January Spread (Volatile) ±0.0285
August Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0143 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4197) against the same month in 2015 (average: 0.3600), the exchange rate shifted by +0.0597 (+16.59%).

2016 Avg (January) 0.4197
2015 Avg (January) 0.3600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4292 0.4007 0.4197
February 0.4213 0.4084 0.4138
March 0.4156 0.3969 0.4070
April 0.4052 0.3898 0.3987
May 0.4102 0.3909 0.4043
June 0.4037 0.3795 0.3900
July 0.3941 0.3759 0.3847
August 0.3857 0.3754 0.3801
September 0.3796 0.3685 0.3760
October 0.3901 0.3765 0.3835
November 0.3927 0.3727 0.3846
December 0.3992 0.3813 0.3910