YEARLY HIGH
3.7024 QAR
YEARLY LOW
3.6210 QAR
YEARLY AVERAGE
3.6442 QAR

2021 BYN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BYN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 3.7024. Conversely, the yearly low was recorded on September 29, dropping to 3.6210.

This high-to-low spread represents a total annual volatility of 0.0814 QAR. From a start-to-finish perspective, comparing the January average rate of 3.6424 to the December average rate of 3.6412, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.7024 was up 0.89% compared to the 2020 peak of 3.6696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,512 QAR
2020 Average 18,206 QAR
Yearly Trough Low 18,105 QAR
Transaction Impact: A difference of 406.81 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.6599
3.6387
JanuMarcMayJulySeptNove

BYN 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 3.6417, compared to 3.6466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 3.6417
H2 Avg (Jul–Dec) 3.6466

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0681 QAR (High: 3.6891 / Low: 3.6210). On the other end, February was the most stable month, with a tight range of 0.0032 QAR (High: 3.6428 / Low: 3.6397).

September Spread (Volatile) ±0.0681
February Spread (Stable) ±0.0032

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 September and October, when the average rate fell by 0.0085 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 3.6581) against the same month in 2020 (average: 3.6419), the exchange rate shifted by +0.0163 (+0.45%).

2021 Avg (August) 3.6581
2020 Avg (August) 3.6419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6590 3.6399 3.6424
February 3.6428 3.6397 3.6410
March 3.6515 3.6410 3.6420
April 3.6453 3.6290 3.6405
May 3.6538 3.6355 3.6417
June 3.6538 3.6410 3.6424
July 3.7011 3.6400 3.6462
August 3.7024 3.6401 3.6581
September 3.6891 3.6210 3.6504
October 3.6654 3.6405 3.6419
November 3.6612 3.6410 3.6420
December 3.6461 3.6380 3.6412