2024 AFN to QAR Historical Review

YEARLY HIGH

0.0559 QAR

YEARLY LOW

0.0484 QAR

YEARLY AVERAGE

0.0517 QAR

2024 AFN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0559. Conversely, the yearly low was recorded on February 3, dropping to 0.0484.

This high-to-low spread represents a total annual volatility of 0.0076 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0509 to the December average rate of 0.0525, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0559 was up 5.59% compared to the 2023 peak of 0.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 280 QAR

2023 Average 222 QAR

Yearly Trough Low 242 QAR

Transaction Impact: A difference of 37.81 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0548

0.0493

JanuMarcMayJulySeptNove

AFN to QAR 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 0.0507, compared to 0.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0507

H2 Avg (Jul–Dec) 0.0527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0032 QAR (High: 0.0522 / Low: 0.0490). On the other end, July was the most stable month, with a tight range of 0.0007 QAR (High: 0.0520 / Low: 0.0513).

January Spread (Volatile) ±0.0032

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0543) against the same month in 2023 (average: 0.0482), the exchange rate shifted by +0.0061 (+12.66%).

2024 Avg (October) 0.0543

2023 Avg (October) 0.0482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0522	0.0490	0.0509
February	0.0504	0.0484	0.0498
March	0.0512	0.0499	0.0505
April	0.0512	0.0504	0.0507
May	0.0517	0.0503	0.0508
June	0.0522	0.0508	0.0517
July	0.0520	0.0513	0.0515
August	0.0520	0.0512	0.0514
September	0.0535	0.0513	0.0524
October	0.0559	0.0530	0.0543
November	0.0545	0.0533	0.0538
December	0.0541	0.0518	0.0525