2020 QAR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 QAR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the QAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 534.7432. Conversely, the yearly low was recorded on March 29, dropping to 515.9134.
This high-to-low spread represents a total annual volatility of 18.8298 BIF. From a start-to-finish perspective, comparing the January average rate of 517.6509 to the December average rate of 533.4015, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 534.7432 was up 3.29% compared to the 2019 peak of 517.7149, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
QAR to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 520.4945, compared to 530.9823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.4878 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 8.8436 BIF (High: 524.8558 / Low: 516.0122). On the other end, September was the most stable month, with a tight range of 2.1972 BIF (High: 531.7221 / Low: 529.5249).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 533.4015) against the same month in 2019 (average: 515.6350), the exchange rate shifted by +17.7665 (+3.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 519.3985 | 516.2647 | 517.6509 |
| February | 519.3628 | 517.1072 | 518.5508 |
| March | 522.2140 | 515.9134 | 519.5302 |
| April | 524.0319 | 516.0767 | 520.7568 |
| May | 524.8558 | 516.0122 | 522.6367 |
| June | 527.4197 | 521.7361 | 523.8415 |
| July | 529.8891 | 524.5812 | 528.4757 |
| August | 530.4306 | 527.9186 | 529.5474 |
| September | 531.7221 | 529.5249 | 530.4876 |
| October | 532.8207 | 530.3101 | 531.4101 |
| November | 533.6446 | 531.3596 | 532.5714 |
| December | 534.7432 | 531.8650 | 533.4015 |