2024 QAR to BAM Historical Review

YEARLY HIGH

0.5173 BAM

YEARLY LOW

0.4800 BAM

YEARLY AVERAGE

0.4962 BAM

2024 QAR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5173. Conversely, the yearly low was recorded on September 30, dropping to 0.4800.

This high-to-low spread represents a total annual volatility of 0.0373 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4919 to the December average rate of 0.5123, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5173 was up 0.85% compared to the 2023 peak of 0.5130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,587 BAM

2023 Average 2,481 BAM

Yearly Trough Low 2,400 BAM

Transaction Impact: A difference of 186.71 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5152

0.4803

JanuMarcMayJulySeptNove

QAR to BAM 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 0.4965, compared to 0.4960 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) 0.4965

H2 Avg (Jul–Dec) 0.4960

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0229 BAM (High: 0.5153 / Low: 0.4924). On the other end, March was the most stable month, with a tight range of 0.0075 BAM (High: 0.4979 / Low: 0.4905).

November Spread (Volatile) ±0.0229

March Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5123) against the same month in 2023 (average: 0.4917), the exchange rate shifted by +0.0207 (+4.20%).

2024 Avg (December) 0.5123

2023 Avg (December) 0.4917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4961	0.4843	0.4919
February	0.5017	0.4924	0.4971
March	0.4979	0.4905	0.4941
April	0.5052	0.4938	0.5003
May	0.5032	0.4928	0.4968
June	0.5026	0.4891	0.4987
July	0.5007	0.4904	0.4946
August	0.4998	0.4805	0.4883
September	0.4875	0.4800	0.4832
October	0.4982	0.4841	0.4924
November	0.5153	0.4924	0.5049
December	0.5173	0.5067	0.5123