YEARLY HIGH
1.6922 TRY
YEARLY LOW
1.4229 TRY
YEARLY AVERAGE
1.5602 TRY

2019 QAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.6922. Conversely, the yearly low was recorded on January 31, dropping to 1.4229.

This high-to-low spread represents a total annual volatility of 0.2694 TRY. From a start-to-finish perspective, comparing the January average rate of 1.4720 to the December average rate of 1.6090, the exchange rate registered a net change of 9.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6922 was down 11.36% compared to the 2018 peak of 1.9092, 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 8,461 TRY
2018 Average 6,655 TRY
Yearly Trough Low 7,114 TRY
Transaction Impact: A difference of 1,346.81 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6795
1.4275
JanuMarcMayJulySeptNove

QAR to TRY 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 1.5447, compared to 1.5757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0310 points.

H1 Avg (Jan–Jun) 1.5447
H2 Avg (Jul–Dec) 1.5757

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.1234 TRY (High: 1.6385 / Low: 1.5150). On the other end, November was the most stable month, with a tight range of 0.0224 TRY (High: 1.5874 / Low: 1.5650).

April Spread (Volatile) ±0.1234
November Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0613 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 1.6585) against the same month in 2018 (average: 1.2165), the exchange rate shifted by +0.4420 (+36.33%).

2019 Avg (May) 1.6585
2018 Avg (May) 1.2165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5169 1.4229 1.4720
February 1.4674 1.4285 1.4485
March 1.5828 1.4737 1.5062
April 1.6385 1.5150 1.5862
May 1.6922 1.6040 1.6585
June 1.6230 1.5713 1.5972
July 1.5774 1.5269 1.5574
August 1.6074 1.5065 1.5515
September 1.6032 1.5486 1.5684
October 1.6283 1.5627 1.5914
November 1.5874 1.5650 1.5766
December 1.6342 1.5773 1.6090