YEARLY HIGH
0.3952 SGD
YEARLY LOW
0.3670 SGD
YEARLY AVERAGE
0.3783 SGD

2022 QAR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.3952. Conversely, the yearly low was recorded on December 13, dropping to 0.3670.

This high-to-low spread represents a total annual volatility of 0.0281 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3710 to the December average rate of 0.3709, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3952 was up 4.82% compared to the 2021 peak of 0.3770, 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 1,976 SGD
2021 Average 1,844 SGD
Yearly Trough Low 1,835 SGD
Transaction Impact: A difference of 140.55 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3929
0.3679
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 0.3747, compared to 0.3819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.3747
H2 Avg (Jul–Dec) 0.3819

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0171 SGD (High: 0.3905 / Low: 0.3734). On the other end, March was the most stable month, with a tight range of 0.0039 SGD (High: 0.3752 / Low: 0.3714).

November Spread (Volatile) ±0.0171
March Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0106 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.3880) against the same month in 2021 (average: 0.3692), the exchange rate shifted by +0.0188 (+5.09%).

2022 Avg (September) 0.3880
2021 Avg (September) 0.3692

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3738 0.3690 0.3710
February 0.3734 0.3686 0.3700
March 0.3752 0.3714 0.3732
April 0.3808 0.3721 0.3751
May 0.3836 0.3736 0.3794
June 0.3823 0.3764 0.3797
July 0.3848 0.3777 0.3814
August 0.3842 0.3762 0.3802
September 0.3952 0.3834 0.3880
October 0.3951 0.3854 0.3908
November 0.3905 0.3734 0.3802
December 0.3733 0.3670 0.3709