2024 BWP to QAR Historical Review

YEARLY HIGH

0.2796 QAR

YEARLY LOW

0.2564 QAR

YEARLY AVERAGE

0.2687 QAR

2024 BWP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2796. Conversely, the yearly low was recorded on May 1, dropping to 0.2564.

This high-to-low spread represents a total annual volatility of 0.0232 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2683 to the December average rate of 0.2656, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2796 was down 2.98% compared to the 2023 peak of 0.2882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,398 QAR

2023 Average 1,365 QAR

Yearly Trough Low 1,282 QAR

Transaction Impact: A difference of 115.99 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2761

0.2639

JanuMarcMayJulySeptNove

BWP 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 0.2668, compared to 0.2706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.2668

H2 Avg (Jul–Dec) 0.2706

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0137 QAR (High: 0.2702 / Low: 0.2564). On the other end, March was the most stable month, with a tight range of 0.0047 QAR (High: 0.2691 / Low: 0.2644).

May Spread (Volatile) ±0.0137

March Spread (Stable) ±0.0047

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 0.0048 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2751) against the same month in 2023 (average: 0.2669), the exchange rate shifted by +0.0082 (+3.08%).

2024 Avg (September) 0.2751

2023 Avg (September) 0.2669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2724	0.2656	0.2683
February	0.2695	0.2640	0.2658
March	0.2691	0.2644	0.2666
April	0.2687	0.2566	0.2649
May	0.2702	0.2564	0.2678
June	0.2704	0.2641	0.2674
July	0.2710	0.2662	0.2690
August	0.2750	0.2672	0.2713
September	0.2796	0.2716	0.2751
October	0.2792	0.2712	0.2738
November	0.2744	0.2653	0.2690
December	0.2700	0.2610	0.2656