YEARLY HIGH
691.6546 SYP
YEARLY LOW
683.2685 SYP
YEARLY AVERAGE
689.5217 SYP

2022 QAR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 691.6546. Conversely, the yearly low was recorded on October 8, dropping to 683.2685.

This high-to-low spread represents a total annual volatility of 8.3861 SYP. From a start-to-finish perspective, comparing the January average rate of 689.9709 to the December average rate of 689.1556, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 691.6546 was up 0.15% compared to the 2021 peak of 690.6341, 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 3,458,273 SYP
2021 Average 1,701,510 SYP
Yearly Trough Low 3,416,343 SYP
Transaction Impact: A difference of 41,930.32 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

690.2801
686.8924
JanuMarcMayJulySeptNove

QAR to SYP 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 689.7418, compared to 689.3017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4402 points.

H1 Avg (Jan–Jun) 689.7418
H2 Avg (Jul–Dec) 689.3017

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 8.3861 SYP (High: 691.6546 / Low: 683.2685). On the other end, March was the most stable month, with a tight range of 0.8178 SYP (High: 689.9204 / Low: 689.1026).

October Spread (Volatile) ±8.3861
March Spread (Stable) ±0.8178

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.8866 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8866

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 689.7389) against the same month in 2021 (average: 345.2280), the exchange rate shifted by +344.5110 (+99.79%).

2022 Avg (October) 689.7389
2021 Avg (October) 345.2280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 690.7372 689.3455 689.9709
February 690.1080 687.9448 689.7918
March 689.9204 689.1026 689.8276
April 690.0439 688.4083 689.9105
May 690.0913 686.7790 689.8887
June 690.0659 684.3973 689.0613
July 690.7698 683.5860 687.1747
August 690.0659 688.2324 689.9038
September 690.3395 688.7091 689.9978
October 691.6546 683.2685 689.7389
November 691.6494 684.9302 689.8391
December 690.1133 684.6950 689.1556