2024 QAR to BZD Historical Review

YEARLY HIGH

0.5575 BZD

YEARLY LOW

0.5489 BZD

YEARLY AVERAGE

0.5532 BZD

2024 QAR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.5575. Conversely, the yearly low was recorded on June 8, dropping to 0.5489.

This high-to-low spread represents a total annual volatility of 0.0086 BZD. From a start-to-finish perspective, comparing the January average rate of 0.5532 to the December average rate of 0.5524, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5575 was down 0.45% compared to the 2023 peak of 0.5600, 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 2,788 BZD

2023 Average 2,765 BZD

Yearly Trough Low 2,745 BZD

Transaction Impact: A difference of 42.93 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5536

0.5522

JanuMarcMayJulySeptNove

QAR to BZD 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 0.5532, compared to 0.5532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.5532

H2 Avg (Jul–Dec) 0.5532

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0072 BZD (High: 0.5575 / Low: 0.5503). On the other end, July was the most stable month, with a tight range of 0.0015 BZD (High: 0.5538 / Low: 0.5523).

August Spread (Volatile) ±0.0072

July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5535) against the same month in 2023 (average: 0.5531), the exchange rate shifted by +0.0003 (+0.06%).

2024 Avg (August) 0.5535

2023 Avg (August) 0.5531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5541	0.5523	0.5532
February	0.5538	0.5523	0.5533
March	0.5546	0.5514	0.5532
April	0.5545	0.5514	0.5531
May	0.5556	0.5510	0.5531
June	0.5553	0.5489	0.5532
July	0.5538	0.5523	0.5530
August	0.5575	0.5503	0.5535
September	0.5542	0.5521	0.5534
October	0.5547	0.5527	0.5534
November	0.5551	0.5512	0.5535
December	0.5538	0.5505	0.5524