2021 BGN to QAR Historical Review

YEARLY HIGH

2.2952 QAR

YEARLY LOW

2.0856 QAR

YEARLY AVERAGE

2.2045 QAR

2021 BGN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.2952. Conversely, the yearly low was recorded on November 24, dropping to 2.0856.

This high-to-low spread represents a total annual volatility of 0.2096 QAR. From a start-to-finish perspective, comparing the January average rate of 2.2667 to the December average rate of 2.1036, the exchange rate registered a net change of -7.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2952 was up 0.36% compared to the 2020 peak of 2.2869, 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 11,476 QAR

2020 Average 10,627 QAR

Yearly Trough Low 10,428 QAR

Transaction Impact: A difference of 1,047.89 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2830

2.0873

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 2.2437, compared to 2.1654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0783 points.

H1 Avg (Jan–Jun) 2.2437

H2 Avg (Jul–Dec) 2.1654

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0836 QAR (High: 2.2394 / Low: 2.1558). On the other end, December was the most stable month, with a tight range of 0.0198 QAR (High: 2.1139 / Low: 2.0941).

September Spread (Volatile) ±0.0836

December Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0392 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.2667) against the same month in 2020 (average: 2.0669), the exchange rate shifted by +0.1998 (+9.67%).

2021 Avg (January) 2.2667

2020 Avg (January) 2.0669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2952	2.2488	2.2667
February	2.2664	2.2296	2.2520
March	2.2497	2.1790	2.2152
April	2.2547	2.1861	2.2256
May	2.2808	2.2352	2.2613
June	2.2764	2.2060	2.2414
July	2.2427	2.1910	2.2048
August	2.2477	2.1732	2.2011
September	2.2394	2.1558	2.1987
October	2.1742	2.1463	2.1595
November	2.1599	2.0856	2.1243
December	2.1139	2.0941	2.1036