2019 QAR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 QAR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the QAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 68530.1475. Conversely, the yearly low was recorded on September 30, dropping to 68108.6619.
This high-to-low spread represents a total annual volatility of 421.4856 VEF. From a start-to-finish perspective, comparing the January average rate of 68244.6611 to the December average rate of 68250.9893, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 68530.1475 was down 0.40% compared to the 2018 peak of 68804.8247, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
QAR to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 68246.0004, compared to 68250.3056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3051 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 380.5779 VEF (High: 68530.1475 / Low: 68149.5696). On the other end, July was the most stable month, with a tight range of 19.5098 VEF (High: 68251.9979 / Low: 68232.4881).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 10.9003 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 68252.2467) against the same month in 2018 (average: 49954.7008), the exchange rate shifted by +18297.5460 (+36.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68250.7606 | 68226.1184 | 68244.6611 |
| February | 68265.8358 | 68199.2104 | 68244.6460 |
| March | 68276.1710 | 68190.7323 | 68246.1389 |
| April | 68286.7721 | 68231.4576 | 68247.5390 |
| May | 68279.5480 | 68215.2553 | 68245.5185 |
| June | 68308.0779 | 68236.1418 | 68247.4991 |
| July | 68251.9979 | 68232.4881 | 68245.0568 |
| August | 68530.1475 | 68149.5696 | 68252.2467 |
| September | 68372.3577 | 68108.6619 | 68245.8517 |
| October | 68496.3524 | 68185.2872 | 68259.2946 |
| November | 68270.7685 | 68228.9846 | 68248.3943 |
| December | 68317.2990 | 68238.5966 | 68250.9893 |