2024 AZN to QAR Historical Review

YEARLY HIGH

2.1662 QAR

YEARLY LOW

2.1257 QAR

YEARLY AVERAGE

2.1427 QAR

2024 AZN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.1662. Conversely, the yearly low was recorded on August 3, dropping to 2.1257.

This high-to-low spread represents a total annual volatility of 0.0406 QAR. From a start-to-finish perspective, comparing the January average rate of 2.1426 to the December average rate of 2.1428, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1662 was up 0.00% compared to the 2023 peak of 2.1662, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,831 QAR

2023 Average 10,715 QAR

Yearly Trough Low 10,628 QAR

Transaction Impact: A difference of 202.84 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1445

2.1400

JanuMarcMayJulySeptNove

AZN 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 2.1427, compared to 2.1427 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) 2.1427

H2 Avg (Jul–Dec) 2.1427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0247 QAR (High: 2.1662 / Low: 2.1415). On the other end, September was the most stable month, with a tight range of 0.0054 QAR (High: 2.1466 / Low: 2.1412).

February Spread (Volatile) ±0.0247

September Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.1433) against the same month in 2023 (average: 2.1453), the exchange rate shifted by -0.0020 (-0.09%).

2024 Avg (February) 2.1433

2023 Avg (February) 2.1453

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1508	2.1350	2.1426
February	2.1662	2.1415	2.1433
March	2.1470	2.1302	2.1415
April	2.1502	2.1332	2.1423
May	2.1503	2.1341	2.1431
June	2.1598	2.1401	2.1435
July	2.1475	2.1406	2.1435
August	2.1471	2.1257	2.1404
September	2.1466	2.1412	2.1428
October	2.1536	2.1415	2.1441
November	2.1508	2.1402	2.1427
December	2.1476	2.1358	2.1428