YEARLY HIGH
0.3808 SGD
YEARLY LOW
0.3588 SGD
YEARLY AVERAGE
0.3705 SGD

2018 QAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.3808. Conversely, the yearly low was recorded on January 28, dropping to 0.3588.

This high-to-low spread represents a total annual volatility of 0.0220 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3631 to the December average rate of 0.3760, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3808 was down 4.40% compared to the 2017 peak of 0.3984, 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 1,904 SGD
2017 Average 1,878 SGD
Yearly Trough Low 1,794 SGD
Transaction Impact: A difference of 110.16 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3808
0.3594
JanuMarcMayJulySeptNove

QAR to SGD 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 0.3644, compared to 0.3766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.3644
H2 Avg (Jul–Dec) 0.3766

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0099 SGD (High: 0.3758 / Low: 0.3659). On the other end, July was the most stable month, with a tight range of 0.0037 SGD (High: 0.3760 / Low: 0.3723).

June Spread (Volatile) ±0.0099
July Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0018 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.3790) against the same month in 2017 (average: 0.3636), the exchange rate shifted by +0.0154 (+4.23%).

2018 Avg (October) 0.3790
2017 Avg (October) 0.3636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3683 0.3588 0.3631
February 0.3657 0.3594 0.3625
March 0.3632 0.3593 0.3612
April 0.3647 0.3594 0.3614
May 0.3703 0.3655 0.3678
June 0.3758 0.3659 0.3703
July 0.3760 0.3723 0.3743
August 0.3790 0.3741 0.3761
September 0.3788 0.3746 0.3766
October 0.3808 0.3768 0.3790
November 0.3803 0.3762 0.3778
December 0.3775 0.3718 0.3760