YEARLY HIGH
2.1500 HKD
YEARLY LOW
2.0987 HKD
YEARLY AVERAGE
2.1329 HKD

2021 QAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.1500. Conversely, the yearly low was recorded on July 5, dropping to 2.0987.

This high-to-low spread represents a total annual volatility of 0.0513 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1286 to the December average rate of 2.1419, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1500 was up 0.42% compared to the 2020 peak of 2.1410, 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 10,750 HKD
2020 Average 10,651 HKD
Yearly Trough Low 10,493 HKD
Transaction Impact: A difference of 256.53 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1433
2.1265
JanuMarcMayJulySeptNove

QAR to HKD 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 2.1313, compared to 2.1346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 2.1313
H2 Avg (Jul–Dec) 2.1346

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0435 HKD (High: 2.1500 / Low: 2.1065). On the other end, February was the most stable month, with a tight range of 0.0023 HKD (High: 2.1306 / Low: 2.1283).

September Spread (Volatile) ±0.0435
February Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 2.1314) against the same month in 2020 (average: 2.1287), the exchange rate shifted by +0.0028 (+0.13%).

2021 Avg (September) 2.1314
2020 Avg (September) 2.1287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1303 2.1189 2.1286
February 2.1306 2.1283 2.1294
March 2.1355 2.1263 2.1321
April 2.1381 2.1312 2.1343
May 2.1361 2.1256 2.1323
June 2.1330 2.1244 2.1309
July 2.1383 2.0987 2.1309
August 2.1400 2.0997 2.1279
September 2.1500 2.1065 2.1314
October 2.1389 2.1223 2.1362
November 2.1423 2.1281 2.1391
December 2.1438 2.1384 2.1419