YEARLY HIGH
23.4802 BTN
YEARLY LOW
22.6371 BTN
YEARLY AVERAGE
22.9631 BTN

2024 QAR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 23.4802. Conversely, the yearly low was recorded on March 7, dropping to 22.6371.

This high-to-low spread represents a total annual volatility of 0.8431 BTN. From a start-to-finish perspective, comparing the January average rate of 22.8101 to the December average rate of 23.3197, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.4802 was up 1.99% compared to the 2023 peak of 23.0217, 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 117,401 BTN
2023 Average 113,287 BTN
Yearly Trough Low 113,186 BTN
Transaction Impact: A difference of 4,215.62 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.3741
22.7218
JanuMarcMayJulySeptNove

QAR to BTN 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 22.8399, compared to 23.0863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2464 points.

H1 Avg (Jan–Jun) 22.8399
H2 Avg (Jul–Dec) 23.0863

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.3599 BTN (High: 23.0809 / Low: 22.7210). On the other end, October was the most stable month, with a tight range of 0.1054 BTN (High: 23.1055 / Low: 23.0001).

January Spread (Volatile) ±0.3599
October Spread (Stable) ±0.1054

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0339 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 23.3197) against the same month in 2023 (average: 22.8616), the exchange rate shifted by +0.4581 (+2.00%).

2024 Avg (December) 23.3197
2023 Avg (December) 22.8616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.0809 22.7210 22.8101
February 22.8359 22.7158 22.7762
March 22.9200 22.6371 22.7849
April 22.9490 22.8113 22.8811
May 23.0387 22.7362 22.8786
June 22.9953 22.7205 22.9084
July 23.0021 22.8850 22.9336
August 23.1960 22.8607 23.0364
September 23.0798 22.9248 23.0073
October 23.1055 23.0001 23.0663
November 23.2497 23.0471 23.1543
December 23.4802 23.1962 23.3197