2024 CRC to QAR Historical Review

YEARLY HIGH

0.0073 QAR

YEARLY LOW

0.0068 QAR

YEARLY AVERAGE

0.0071 QAR

2024 CRC to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0073. Conversely, the yearly low was recorded on July 9, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0005 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0072, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0073 was up 4.17% compared to the 2023 peak of 0.0070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37 QAR

2023 Average 34 QAR

Yearly Trough Low 34 QAR

Transaction Impact: A difference of 2.45 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0073

0.0069

JanuMarcMayJulySeptNove

CRC 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 0.0071, compared to 0.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0071

H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 QAR (High: 0.0073 / Low: 0.0071). On the other end, November was the most stable month, with a tight range of 0.0001 QAR (High: 0.0072 / Low: 0.0071).

March Spread (Volatile) ±0.0002

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0072) against the same month in 2023 (average: 0.0068), the exchange rate shifted by +0.0004 (+6.18%).

2024 Avg (April) 0.0072

2023 Avg (April) 0.0068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0071	0.0070	0.0070
February	0.0071	0.0070	0.0071
March	0.0073	0.0071	0.0072
April	0.0073	0.0072	0.0072
May	0.0071	0.0070	0.0071
June	0.0070	0.0069	0.0069
July	0.0070	0.0068	0.0069
August	0.0070	0.0069	0.0069
September	0.0070	0.0069	0.0070
October	0.0071	0.0070	0.0071
November	0.0072	0.0071	0.0071
December	0.0073	0.0072	0.0072