YEARLY HIGH
0.0442 QAR
YEARLY LOW
0.0426 QAR
YEARLY AVERAGE
0.0436 QAR

2024 BTN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0442. Conversely, the yearly low was recorded on December 31, dropping to 0.0426.

This high-to-low spread represents a total annual volatility of 0.0016 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0438 to the December average rate of 0.0429, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0442 was down 1.67% compared to the 2023 peak of 0.0449, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 221 QAR
2023 Average 221 QAR
Yearly Trough Low 213 QAR
Transaction Impact: A difference of 7.93 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0440
0.0428
JanuMarcMayJulySeptNove

BTN 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 0.0438, compared to 0.0433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0438
H2 Avg (Jul–Dec) 0.0433

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0007 QAR (High: 0.0440 / Low: 0.0433). On the other end, October was the most stable month, with a tight range of 0.0002 QAR (High: 0.0435 / Low: 0.0433).

January Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0439) against the same month in 2023 (average: 0.0444), the exchange rate shifted by -0.0005 (-1.06%).

2024 Avg (March) 0.0439
2023 Avg (March) 0.0444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0440 0.0433 0.0438
February 0.0440 0.0438 0.0439
March 0.0442 0.0436 0.0439
April 0.0438 0.0436 0.0437
May 0.0440 0.0434 0.0437
June 0.0440 0.0435 0.0437
July 0.0437 0.0435 0.0436
August 0.0437 0.0431 0.0434
September 0.0436 0.0433 0.0435
October 0.0435 0.0433 0.0434
November 0.0434 0.0430 0.0432
December 0.0431 0.0426 0.0429