YEARLY HIGH
0.4785 BGN
YEARLY LOW
0.4294 BGN
YEARLY AVERAGE
0.4551 BGN

2018 QAR to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the QAR to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.4785. Conversely, the yearly low was recorded on February 1, dropping to 0.4294.

This high-to-low spread represents a total annual volatility of 0.0491 BGN. From a start-to-finish perspective, comparing the January average rate of 0.4405 to the December average rate of 0.4715, the exchange rate registered a net change of 7.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4785 was down 7.28% compared to the 2017 peak of 0.5160, 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 2,392 BGN
2017 Average 2,359 BGN
Yearly Trough Low 2,147 BGN
Transaction Impact: A difference of 245.45 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4766
0.4311
JanuMarcMayJulySeptNove

QAR to BGN 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 0.4438, compared to 0.4664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 0.4438
H2 Avg (Jul–Dec) 0.4664

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0177 BGN (High: 0.4496 / Low: 0.4319). On the other end, July was the most stable month, with a tight range of 0.0050 BGN (High: 0.4619 / Low: 0.4569).

January Spread (Volatile) ±0.0177
July Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0055 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.4728) against the same month in 2017 (average: 0.4376), the exchange rate shifted by +0.0352 (+8.05%).

2018 Avg (November) 0.4728
2017 Avg (November) 0.4376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4496 0.4319 0.4405
February 0.4404 0.4294 0.4349
March 0.4389 0.4313 0.4356
April 0.4447 0.4334 0.4377
May 0.4649 0.4481 0.4542
June 0.4642 0.4548 0.4600
July 0.4619 0.4569 0.4595
August 0.4735 0.4585 0.4657
September 0.4647 0.4564 0.4610
October 0.4747 0.4633 0.4677
November 0.4785 0.4689 0.4728
December 0.4747 0.4672 0.4715