2024 CNY to QAR Historical Review

YEARLY HIGH

0.5200 QAR

YEARLY LOW

0.4975 QAR

YEARLY AVERAGE

0.5076 QAR

2024 CNY to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.5200. Conversely, the yearly low was recorded on December 26, dropping to 0.4975.

This high-to-low spread represents a total annual volatility of 0.0225 QAR. From a start-to-finish perspective, comparing the January average rate of 0.5124 to the December average rate of 0.5003, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5200 was down 4.33% compared to the 2023 peak of 0.5435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,001 QAR

2023 Average 12,884 QAR

Yearly Trough Low 12,438 QAR

Transaction Impact: A difference of 562.15 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5164

0.4988

JanuMarcMayJulySeptNove

CNY 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 0.5075, compared to 0.5077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.5075

H2 Avg (Jul–Dec) 0.5077

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0128 QAR (High: 0.5141 / Low: 0.5012). On the other end, December was the most stable month, with a tight range of 0.0053 QAR (High: 0.5028 / Low: 0.4975).

June Spread (Volatile) ±0.0128

December Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0086 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5149) against the same month in 2023 (average: 0.4994), the exchange rate shifted by +0.0156 (+3.11%).

2024 Avg (September) 0.5149

2023 Avg (September) 0.4994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5165	0.5063	0.5124
February	0.5170	0.5057	0.5091
March	0.5107	0.5025	0.5060
April	0.5136	0.5025	0.5039
May	0.5151	0.5023	0.5084
June	0.5141	0.5012	0.5050
July	0.5108	0.5005	0.5022
August	0.5146	0.5028	0.5092
September	0.5200	0.5114	0.5149
October	0.5199	0.5107	0.5142
November	0.5130	0.5023	0.5055
December	0.5028	0.4975	0.5003