YEARLY HIGH
2.5195 QAR
YEARLY LOW
2.2552 QAR
YEARLY AVERAGE
2.4035 QAR

2024 AUD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.5195. Conversely, the yearly low was recorded on December 31, dropping to 2.2552.

This high-to-low spread represents a total annual volatility of 0.2643 QAR. From a start-to-finish perspective, comparing the January average rate of 2.4208 to the December average rate of 2.3041, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5195 was down 3.36% compared to the 2023 peak of 2.6071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,597 QAR
2023 Average 12,105 QAR
Yearly Trough Low 11,276 QAR
Transaction Impact: A difference of 1,321.62 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4833
2.2878
JanuMarcMayJulySeptNove

AUD 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 2.3988, compared to 2.4081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 2.3988
H2 Avg (Jul–Dec) 2.4081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1229 QAR (High: 2.4746 / Low: 2.3517). On the other end, June was the most stable month, with a tight range of 0.0377 QAR (High: 2.4373 / Low: 2.3996).

August Spread (Volatile) ±0.1229
June Spread (Stable) ±0.0377

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 0.0751 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.4670) against the same month in 2023 (average: 2.3389), the exchange rate shifted by +0.1281 (+5.48%).

2024 Avg (September) 2.4670
2023 Avg (September) 2.3389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4896 2.3866 2.4208
February 2.3954 2.3497 2.3781
March 2.4203 2.3670 2.3883
April 2.4151 2.3352 2.3701
May 2.4440 2.3785 2.4152
June 2.4373 2.3996 2.4203
July 2.4651 2.3808 2.4327
August 2.4746 2.3517 2.4214
September 2.5195 2.4230 2.4670
October 2.5071 2.3883 2.4440
November 2.4305 2.3501 2.3792
December 2.3665 2.2552 2.3041