YEARLY HIGH
2.3527 QAR
YEARLY LOW
1.9379 QAR
YEARLY AVERAGE
2.1250 QAR

2017 BGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 2.3527. Conversely, the yearly low was recorded on January 3, dropping to 1.9379.

This high-to-low spread represents a total annual volatility of 0.4148 QAR. From a start-to-finish perspective, comparing the January average rate of 1.9789 to the December average rate of 2.2215, the exchange rate registered a net change of 12.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3527 was up 9.81% compared to the 2016 peak of 2.1425, 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 11,764 QAR
2016 Average 10,303 QAR
Yearly Trough Low 9,689 QAR
Transaction Impact: A difference of 2,074.11 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3165
1.9482
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 2.0192, compared to 2.2307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2115 points.

H1 Avg (Jan–Jun) 2.0192
H2 Avg (Jul–Dec) 2.2307

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1551 QAR (High: 2.3527 / Low: 2.1976). On the other end, February was the most stable month, with a tight range of 0.0440 QAR (High: 2.0073 / Low: 1.9632).

November Spread (Volatile) ±0.1551
February Spread (Stable) ±0.0440

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0643 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.2858) against the same month in 2016 (average: 2.0092), the exchange rate shifted by +0.2767 (+13.77%).

2017 Avg (November) 2.2858
2016 Avg (November) 2.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0096 1.9379 1.9789
February 2.0073 1.9632 1.9814
March 2.0221 1.9570 1.9905
April 2.0348 1.9707 1.9937
May 2.0923 2.0220 2.0593
June 2.1912 2.0871 2.1114
July 2.2154 2.1124 2.1628
August 2.2547 2.1819 2.2115
September 2.2804 2.2306 2.2557
October 2.2894 2.1706 2.2470
November 2.3527 2.1976 2.2858
December 2.2584 2.1901 2.2215