2024 QAR to BBD Historical Review

YEARLY HIGH

0.5535 BBD

YEARLY LOW

0.5431 BBD

YEARLY AVERAGE

0.5490 BBD

2024 QAR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.5535. Conversely, the yearly low was recorded on February 4, dropping to 0.5431.

This high-to-low spread represents a total annual volatility of 0.0104 BBD. From a start-to-finish perspective, comparing the January average rate of 0.5490 to the December average rate of 0.5490, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5535 was down 0.40% compared to the 2023 peak of 0.5557, 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 2,767 BBD

2023 Average 2,745 BBD

Yearly Trough Low 2,715 BBD

Transaction Impact: A difference of 51.83 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5498

0.5486

JanuMarcMayJulySeptNove

QAR to BBD 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 0.5490, compared to 0.5491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5490

H2 Avg (Jul–Dec) 0.5491

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0063 BBD (High: 0.5494 / Low: 0.5431). On the other end, September was the most stable month, with a tight range of 0.0014 BBD (High: 0.5494 / Low: 0.5481).

February Spread (Volatile) ±0.0063

September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5497) against the same month in 2023 (average: 0.5488), the exchange rate shifted by +0.0008 (+0.15%).

2024 Avg (August) 0.5497

2023 Avg (August) 0.5488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5495	0.5470	0.5490
February	0.5494	0.5431	0.5489
March	0.5506	0.5480	0.5492
April	0.5498	0.5472	0.5491
May	0.5513	0.5471	0.5490
June	0.5497	0.5447	0.5489
July	0.5496	0.5478	0.5489
August	0.5535	0.5479	0.5497
September	0.5494	0.5481	0.5490
October	0.5494	0.5463	0.5487
November	0.5497	0.5470	0.5491
December	0.5508	0.5478	0.5490