YEARLY HIGH
23.4634 BDT
YEARLY LOW
23.1043 BDT
YEARLY AVERAGE
23.3017 BDT

2020 QAR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 12, valuing the pair at 23.4634. Conversely, the yearly low was recorded on March 29, dropping to 23.1043.

This high-to-low spread represents a total annual volatility of 0.3590 BDT. From a start-to-finish perspective, comparing the January average rate of 23.3024 to the December average rate of 23.2841, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.4634 was up 0.56% compared to the 2019 peak of 23.3324, 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 117,317 BDT
2019 Average 115,904 BDT
Yearly Trough Low 115,522 BDT
Transaction Impact: A difference of 1,795.19 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.3313
23.2798
JanuMarcMayJulySeptNove

QAR to BDT 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 23.3143, compared to 23.2891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 23.3143
H2 Avg (Jul–Dec) 23.2891

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.3035 BDT (High: 23.4332 / Low: 23.1297). On the other end, June was the most stable month, with a tight range of 0.0438 BDT (High: 23.3399 / Low: 23.2960).

April Spread (Volatile) ±0.3035
June Spread (Stable) ±0.0438

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0289 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 23.3270) against the same month in 2019 (average: 23.1816), the exchange rate shifted by +0.1453 (+0.63%).

2020 Avg (May) 23.3270
2019 Avg (May) 23.1816

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4361 23.2368 23.3024
February 23.3411 23.2891 23.3225
March 23.3755 23.1043 23.2965
April 23.4332 23.1297 23.3150
May 23.4634 23.2074 23.3270
June 23.3399 23.2960 23.3223
July 23.3187 23.2654 23.2934
August 23.3411 23.2282 23.2897
September 23.3247 23.2749 23.2924
October 23.3146 23.2504 23.2875
November 23.3112 23.2585 23.2877
December 23.2999 23.2363 23.2841