YEARLY HIGH
2.3414 TRY
YEARLY LOW
1.6084 TRY
YEARLY AVERAGE
1.9282 TRY

2020 QAR to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 2.3414. Conversely, the yearly low was recorded on January 16, dropping to 1.6084.

This high-to-low spread represents a total annual volatility of 0.7330 TRY. From a start-to-finish perspective, comparing the January average rate of 1.6273 to the December average rate of 2.1151, the exchange rate registered a net change of 29.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3414 was up 38.36% compared to the 2019 peak of 1.6922, 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 11,707 TRY
2019 Average 7,805 TRY
Yearly Trough Low 8,042 TRY
Transaction Impact: A difference of 3,665.07 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2439
1.5713
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 1.7821, compared to 2.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2922 points.

H1 Avg (Jan–Jun) 1.7821
H2 Avg (Jul–Dec) 2.0743

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.2693 TRY (High: 2.3414 / Low: 2.0721). On the other end, January was the most stable month, with a tight range of 0.0346 TRY (High: 1.6430 / Low: 1.6084).

November Spread (Volatile) ±0.2693
January Spread (Stable) ±0.0346

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0727 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 2.1879) against the same month in 2019 (average: 1.5766), the exchange rate shifted by +0.6113 (+38.77%).

2020 Avg (November) 2.1879
2019 Avg (November) 1.5766

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6430 1.6084 1.6273
February 1.7144 1.6421 1.6662
March 1.8172 1.6701 1.7433
April 1.9200 1.8222 1.8816
May 1.9774 1.8497 1.9015
June 1.8832 1.8419 1.8725
July 1.9161 1.8758 1.8872
August 2.0324 1.9039 1.9987
September 2.1478 2.0247 2.0733
October 2.2924 2.1302 2.1835
November 2.3414 2.0721 2.1879
December 2.1667 2.0271 2.1151