YEARLY HIGH
0.7028 QAR
YEARLY LOW
0.5909 QAR
YEARLY AVERAGE
0.6419 QAR

2019 TRY to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.7028. Conversely, the yearly low was recorded on May 8, dropping to 0.5909.

This high-to-low spread represents a total annual volatility of 0.1119 QAR. From a start-to-finish perspective, comparing the January average rate of 0.6795 to the December average rate of 0.6216, the exchange rate registered a net change of -8.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7028 was down 27.93% compared to the 2018 peak of 0.9752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 35,140 QAR
2018 Average 38,783 QAR
Yearly Trough Low 29,547 QAR
Transaction Impact: A difference of 5,593.43 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6992
0.5943
JanuMarcMayJulySeptNove

TRY to QAR 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 0.6490, compared to 0.6348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.6490
H2 Avg (Jul–Dec) 0.6348

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0497 QAR (High: 0.6601 / Low: 0.6103). On the other end, November was the most stable month, with a tight range of 0.0090 QAR (High: 0.6390 / Low: 0.6300).

April Spread (Volatile) ±0.0497
November Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0335 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6795) against the same month in 2018 (average: 0.9653), the exchange rate shifted by -0.2857 (-29.60%).

2019 Avg (January) 0.6795
2018 Avg (January) 0.9653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7028 0.6592 0.6795
February 0.7000 0.6815 0.6904
March 0.6786 0.6318 0.6642
April 0.6601 0.6103 0.6307
May 0.6235 0.5909 0.6031
June 0.6364 0.6161 0.6261
July 0.6549 0.6340 0.6421
August 0.6638 0.6221 0.6448
September 0.6457 0.6238 0.6376
October 0.6399 0.6142 0.6285
November 0.6390 0.6300 0.6343
December 0.6340 0.6119 0.6216