2024 BND to QAR Historical Review

YEARLY HIGH

2.8419 QAR

YEARLY LOW

2.6689 QAR

YEARLY AVERAGE

2.7268 QAR

2024 BND to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 2.8419. Conversely, the yearly low was recorded on May 1, dropping to 2.6689.

This high-to-low spread represents a total annual volatility of 0.1730 QAR. From a start-to-finish perspective, comparing the January average rate of 2.7290 to the December average rate of 2.6984, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8419 was up 1.92% compared to the 2023 peak of 2.7885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,210 QAR

2023 Average 13,570 QAR

Yearly Trough Low 13,345 QAR

Transaction Impact: A difference of 865.01 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8223

2.6737

JanuMarcMayJulySeptNove

BND 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 2.7055, compared to 2.7482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0427 points.

H1 Avg (Jan–Jun) 2.7055

H2 Avg (Jul–Dec) 2.7482

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0832 QAR (High: 2.8303 / Low: 2.7471). On the other end, April was the most stable month, with a tight range of 0.0380 QAR (High: 2.7074 / Low: 2.6694).

October Spread (Volatile) ±0.0832

April Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0559 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.8099) against the same month in 2023 (average: 2.6733), the exchange rate shifted by +0.1366 (+5.11%).

2024 Avg (September) 2.8099

2023 Avg (September) 2.6733

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7635	2.7104	2.7290
February	2.7386	2.6971	2.7098
March	2.7390	2.6953	2.7167
April	2.7074	2.6694	2.6861
May	2.7142	2.6689	2.6962
June	2.7292	2.6877	2.6953
July	2.7208	2.6820	2.7067
August	2.7979	2.7155	2.7658
September	2.8419	2.7813	2.8099
October	2.8303	2.7471	2.7820
November	2.7660	2.6978	2.7262
December	2.7220	2.6747	2.6984