YEARLY HIGH
2.1425 QAR
YEARLY LOW
1.9348 QAR
YEARLY AVERAGE
2.0608 QAR

2016 BGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 2.1425. Conversely, the yearly low was recorded on December 20, dropping to 1.9348.

This high-to-low spread represents a total annual volatility of 0.2077 QAR. From a start-to-finish perspective, comparing the January average rate of 2.0230 to the December average rate of 1.9619, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1425 was down 4.79% compared to the 2015 peak of 2.2503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,712 QAR
2015 Average 10,334 QAR
Yearly Trough Low 9,674 QAR
Transaction Impact: A difference of 1,038.30 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1257
1.9470
JanuMarcMayJulySeptNove

BGN 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 2.0784, compared to 2.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 2.0784
H2 Avg (Jul–Dec) 2.0432

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1054 QAR (High: 2.0724 / Low: 1.9669). On the other end, September was the most stable month, with a tight range of 0.0200 QAR (High: 2.0978 / Low: 2.0777).

November Spread (Volatile) ±0.1054
September Spread (Stable) ±0.0200

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0472 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.1029) against the same month in 2015 (average: 2.0778), the exchange rate shifted by +0.0251 (+1.21%).

2016 Avg (May) 2.1029
2015 Avg (May) 2.0778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0342 2.0061 2.0230
February 2.1054 2.0243 2.0675
March 2.1161 2.0240 2.0735
April 2.1279 2.0911 2.1108
May 2.1425 2.0701 2.1029
June 2.1192 2.0538 2.0929
July 2.0788 2.0453 2.0610
August 2.1082 2.0639 2.0860
September 2.0978 2.0777 2.0865
October 2.0899 2.0256 2.0544
November 2.0724 1.9669 2.0092
December 1.9974 1.9348 1.9619