YEARLY HIGH
1.9159 BOB
YEARLY LOW
1.8622 BOB
YEARLY AVERAGE
1.8944 BOB

2021 QAR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 1.9159. Conversely, the yearly low was recorded on August 2, dropping to 1.8622.

This high-to-low spread represents a total annual volatility of 0.0536 BOB. From a start-to-finish perspective, comparing the January average rate of 1.8917 to the December average rate of 1.8950, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9159 was up 0.51% compared to the 2020 peak of 1.9062, 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 9,579 BOB
2020 Average 9,478 BOB
Yearly Trough Low 9,311 BOB
Transaction Impact: A difference of 268.23 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9005
1.8858
JanuMarcMayJulySeptNove

QAR to BOB 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 1.8961, compared to 1.8927 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 1.8961
H2 Avg (Jul–Dec) 1.8927

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0379 BOB (High: 1.9001 / Low: 1.8622). On the other end, February was the most stable month, with a tight range of 0.0090 BOB (High: 1.9023 / Low: 1.8933).

August Spread (Volatile) ±0.0379
February Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between August and October, 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 0.0063 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.8993) against the same month in 2020 (average: 1.8974), the exchange rate shifted by +0.0020 (+0.10%).

2021 Avg (June) 1.8993
2020 Avg (June) 1.8974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9002 1.8831 1.8917
February 1.9023 1.8933 1.8974
March 1.9044 1.8869 1.8965
April 1.9037 1.8916 1.8967
May 1.9040 1.8823 1.8948
June 1.9159 1.8918 1.8993
July 1.9023 1.8655 1.8930
August 1.9001 1.8622 1.8870
September 1.9072 1.8695 1.8910
October 1.8991 1.8854 1.8957
November 1.9003 1.8849 1.8946
December 1.9042 1.8885 1.8950