2024 QAR to BND Historical Review

YEARLY HIGH

0.3747 BND

YEARLY LOW

0.3519 BND

YEARLY AVERAGE

0.3668 BND

2024 QAR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.3747. Conversely, the yearly low was recorded on September 30, dropping to 0.3519.

This high-to-low spread represents a total annual volatility of 0.0228 BND. From a start-to-finish perspective, comparing the January average rate of 0.3664 to the December average rate of 0.3706, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3747 was down 0.82% compared to the 2023 peak of 0.3778, 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 1,873 BND

2023 Average 1,843 BND

Yearly Trough Low 1,759 BND

Transaction Impact: A difference of 114.05 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3739

0.3543

JanuMarcMayJulySeptNove

QAR to BND 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 0.3696, compared to 0.3640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.3696

H2 Avg (Jul–Dec) 0.3640

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0108 BND (High: 0.3683 / Low: 0.3574). On the other end, April was the most stable month, with a tight range of 0.0053 BND (High: 0.3746 / Low: 0.3694).

August Spread (Volatile) ±0.0108

April Spread (Stable) ±0.0053

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 0.0079 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.3709) against the same month in 2023 (average: 0.3677), the exchange rate shifted by +0.0032 (+0.87%).

2024 Avg (May) 0.3709

2023 Avg (May) 0.3677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3689	0.3619	0.3664
February	0.3708	0.3652	0.3690
March	0.3710	0.3651	0.3681
April	0.3746	0.3694	0.3723
May	0.3747	0.3684	0.3709
June	0.3721	0.3664	0.3710
July	0.3729	0.3675	0.3695
August	0.3683	0.3574	0.3616
September	0.3595	0.3519	0.3559
October	0.3640	0.3533	0.3595
November	0.3707	0.3615	0.3668
December	0.3739	0.3674	0.3706