2017 QAR to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 QAR to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the QAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3.8593. Conversely, the yearly low was recorded on November 22, dropping to 3.4327.
This high-to-low spread represents a total annual volatility of 0.4265 SCR. From a start-to-finish perspective, comparing the January average rate of 3.6740 to the December average rate of 3.7973, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.8593 was down 2.04% compared to the 2016 peak of 3.9397, 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 2017.
QAR to SCR 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 3.6919, compared to 3.6960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.4007 SCR (High: 3.8334 / Low: 3.4327). On the other end, May was the most stable month, with a tight range of 0.0972 SCR (High: 3.7646 / Low: 3.6674).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0555 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3.7973) against the same month in 2016 (average: 3.6767), the exchange rate shifted by +0.1206 (+3.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.7374 | 3.5539 | 3.6740 |
| February | 3.7530 | 3.6185 | 3.6937 |
| March | 3.7485 | 3.5639 | 3.6979 |
| April | 3.7591 | 3.5812 | 3.7024 |
| May | 3.7646 | 3.6674 | 3.7196 |
| June | 3.7945 | 3.4755 | 3.6641 |
| July | 3.7767 | 3.6029 | 3.6918 |
| August | 3.7870 | 3.6158 | 3.7104 |
| September | 3.7650 | 3.6094 | 3.6812 |
| October | 3.7978 | 3.5348 | 3.6636 |
| November | 3.8334 | 3.4327 | 3.6320 |
| December | 3.8593 | 3.6304 | 3.7973 |