2024 BAM to QAR Historical Review

YEARLY HIGH

2.0834 QAR

YEARLY LOW

1.9330 QAR

YEARLY AVERAGE

2.0158 QAR

2024 BAM to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.0834. Conversely, the yearly low was recorded on December 26, dropping to 1.9330.

This high-to-low spread represents a total annual volatility of 0.1504 QAR. From a start-to-finish perspective, comparing the January average rate of 2.0331 to the December average rate of 1.9520, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0834 was down 0.63% compared to the 2023 peak of 2.0965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BAM based on timing:

Yearly Peak High 10,417 QAR

2023 Average 10,078 QAR

Yearly Trough Low 9,665 QAR

Transaction Impact: A difference of 751.93 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0813

1.9403

JanuMarcMayJulySeptNove

BAM 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 2.0144, compared to 2.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 2.0144

H2 Avg (Jul–Dec) 2.0172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0903 QAR (High: 2.0309 / Low: 1.9407). On the other end, March was the most stable month, with a tight range of 0.0305 QAR (High: 2.0388 / Low: 2.0082).

November Spread (Volatile) ±0.0903

March Spread (Stable) ±0.0305

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0503 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.0696) against the same month in 2023 (average: 1.9915), the exchange rate shifted by +0.0781 (+3.92%).

2024 Avg (September) 2.0696

2023 Avg (September) 1.9915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0649	2.0156	2.0331
February	2.0307	1.9934	2.0117
March	2.0388	2.0082	2.0239
April	2.0250	1.9795	1.9990
May	2.0293	1.9871	2.0131
June	2.0445	1.9895	2.0054
July	2.0390	1.9970	2.0217
August	2.0812	2.0008	2.0482
September	2.0834	2.0514	2.0696
October	2.0658	2.0072	2.0311
November	2.0309	1.9407	1.9807
December	1.9737	1.9330	1.9520