YEARLY HIGH
0.7533 QAR
YEARLY LOW
0.5392 QAR
YEARLY AVERAGE
0.6787 QAR

2024 BRL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7533. Conversely, the yearly low was recorded on December 25, dropping to 0.5392.

This high-to-low spread represents a total annual volatility of 0.2140 QAR. From a start-to-finish perspective, comparing the January average rate of 0.7422 to the December average rate of 0.5953, the exchange rate registered a net change of -19.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7533 was down 2.21% compared to the 2023 peak of 0.7703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 18,832 QAR
2023 Average 18,254 QAR
Yearly Trough Low 13,481 QAR
Transaction Impact: A difference of 5,350.97 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7569
0.5806
JanuMarcMayJulySeptNove

BRL 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 0.7170, compared to 0.6403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0767 points.

H1 Avg (Jan–Jun) 0.7170
H2 Avg (Jul–Dec) 0.6403

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0723 QAR (High: 0.6116 / Low: 0.5392). On the other end, February was the most stable month, with a tight range of 0.0123 QAR (High: 0.7411 / Low: 0.7288).

December Spread (Volatile) ±0.0723
February Spread (Stable) ±0.0123

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 May and June, when the average rate fell by 0.0338 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7422) against the same month in 2023 (average: 0.7026), the exchange rate shifted by +0.0396 (+5.63%).

2024 Avg (January) 0.7422
2023 Avg (January) 0.7026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7533 0.7299 0.7422
February 0.7411 0.7288 0.7339
March 0.7379 0.7239 0.7307
April 0.7274 0.6888 0.7107
May 0.7178 0.6942 0.7092
June 0.6950 0.6515 0.6754
July 0.6734 0.6419 0.6578
August 0.6735 0.6308 0.6552
September 0.6714 0.6424 0.6576
October 0.6711 0.6289 0.6485
November 0.6415 0.6059 0.6275
December 0.6116 0.5392 0.5953