YEARLY HIGH
2.3289 QAR
YEARLY LOW
2.0900 QAR
YEARLY AVERAGE
2.1994 QAR

2018 BGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.3289. Conversely, the yearly low was recorded on November 12, dropping to 2.0900.

This high-to-low spread represents a total annual volatility of 0.2389 QAR. From a start-to-finish perspective, comparing the January average rate of 2.2707 to the December average rate of 2.1210, the exchange rate registered a net change of -6.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3289 was down 1.01% compared to the 2017 peak of 2.3527, 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 11,644 QAR
2017 Average 10,629 QAR
Yearly Trough Low 10,450 QAR
Transaction Impact: A difference of 1,194.66 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3177
2.0964
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 2.2544, compared to 2.1444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1099 points.

H1 Avg (Jan–Jun) 2.2544
H2 Avg (Jul–Dec) 2.1444

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0912 QAR (High: 2.3154 / Low: 2.2242). On the other end, July was the most stable month, with a tight range of 0.0236 QAR (High: 2.1885 / Low: 2.1649).

January Spread (Volatile) ±0.0912
July Spread (Stable) ±0.0236

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0832 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.2993) against the same month in 2017 (average: 1.9814), the exchange rate shifted by +0.3179 (+16.05%).

2018 Avg (February) 2.2993
2017 Avg (February) 1.9814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3154 2.2242 2.2707
February 2.3289 2.2705 2.2993
March 2.3185 2.2786 2.2959
April 2.3073 2.2488 2.2849
May 2.2315 2.1508 2.2017
June 2.1986 2.1544 2.1738
July 2.1885 2.1649 2.1763
August 2.1808 2.1119 2.1474
September 2.1912 2.1517 2.1692
October 2.1582 2.1064 2.1380
November 2.1329 2.0900 2.1149
December 2.1404 2.1066 2.1210