YEARLY HIGH
0.6590 TOP
YEARLY LOW
0.6180 TOP
YEARLY AVERAGE
0.6321 TOP

2020 QAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.6590. Conversely, the yearly low was recorded on June 9, dropping to 0.6180.

This high-to-low spread represents a total annual volatility of 0.0410 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6308 to the December average rate of 0.6271, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6590 was up 2.46% compared to the 2019 peak of 0.6432, 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 3,295 TOP
2019 Average 3,146 TOP
Yearly Trough Low 3,090 TOP
Transaction Impact: A difference of 205.11 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6473
0.6215
JanuMarcMayJulySeptNove

QAR to TOP 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 0.6352, compared to 0.6291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.6352
H2 Avg (Jul–Dec) 0.6291

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0251 TOP (High: 0.6590 / Low: 0.6339). On the other end, February was the most stable month, with a tight range of 0.0029 TOP (High: 0.6373 / Low: 0.6345).

March Spread (Volatile) ±0.0251
February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between June and October, 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 0.0101 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6451) against the same month in 2019 (average: 0.6213), the exchange rate shifted by +0.0238 (+3.83%).

2020 Avg (March) 0.6451
2019 Avg (March) 0.6213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6362 0.6269 0.6308
February 0.6373 0.6345 0.6362
March 0.6590 0.6339 0.6451
April 0.6483 0.6336 0.6415
May 0.6389 0.6284 0.6338
June 0.6303 0.6180 0.6237
July 0.6286 0.6232 0.6262
August 0.6289 0.6221 0.6262
September 0.6359 0.6215 0.6274
October 0.6389 0.6325 0.6355
November 0.6390 0.6282 0.6320
December 0.6292 0.6245 0.6271