YEARLY HIGH
2.2869 QAR
YEARLY LOW
1.9864 QAR
YEARLY AVERAGE
2.1249 QAR

2020 BGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.2869. Conversely, the yearly low was recorded on March 19, dropping to 1.9864.

This high-to-low spread represents a total annual volatility of 0.3005 QAR. From a start-to-finish perspective, comparing the January average rate of 2.0669 to the December average rate of 2.2661, the exchange rate registered a net change of 9.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.2869 was up 6.39% compared to the 2019 peak of 2.1495, 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 11,435 QAR
2019 Average 10,420 QAR
Yearly Trough Low 9,932 QAR
Transaction Impact: A difference of 1,502.34 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2904
1.9989
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 2.0513, compared to 2.1986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1473 points.

H1 Avg (Jan–Jun) 2.0513
H2 Avg (Jul–Dec) 2.1986

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1350 QAR (High: 2.1214 / Low: 1.9864). On the other end, January was the most stable month, with a tight range of 0.0377 QAR (High: 2.0878 / Low: 2.0501).

March Spread (Volatile) ±0.1350
January Spread (Stable) ±0.0377

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0348 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.2661) against the same month in 2019 (average: 2.0684), the exchange rate shifted by +0.1977 (+9.56%).

2020 Avg (December) 2.2661
2019 Avg (December) 2.0684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0878 2.0501 2.0669
February 2.0644 2.0087 2.0329
March 2.1214 1.9864 2.0581
April 2.0448 2.0055 2.0232
May 2.0699 2.0102 2.0316
June 2.1166 2.0728 2.0950
July 2.2054 2.0923 2.1332
August 2.2242 2.1855 2.2030
September 2.2164 2.1628 2.1932
October 2.2090 2.1701 2.1910
November 2.2269 2.1644 2.2050
December 2.2869 2.2487 2.2661