YEARLY HIGH
0.0176 QAR
YEARLY LOW
0.0170 QAR
YEARLY AVERAGE
0.0174 QAR

2024 GYD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0176. Conversely, the yearly low was recorded on March 13, dropping to 0.0170.

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 0.0174 to the December average rate of 0.0174, the exchange rate registered a net change of 0.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0176 was up 0.14% compared to the 2023 peak of 0.0175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88 QAR
2023 Average 87 QAR
Yearly Trough Low 85 QAR
Transaction Impact: A difference of 2.68 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0174
0.0174
JanuMarcMayJulySeptNove

GYD 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 0.0174, compared to 0.0174 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) 0.0174
H2 Avg (Jul–Dec) 0.0174

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 QAR (High: 0.0175 / Low: 0.0170). On the other end, July was the most stable month, with a tight range of 0.0001 QAR (High: 0.0175 / Low: 0.0174).

March Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0174) against the same month in 2023 (average: 0.0172), the exchange rate shifted by +0.0002 (+1.12%).

2024 Avg (June) 0.0174
2023 Avg (June) 0.0172

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0174 0.0174 0.0174
February 0.0174 0.0174 0.0174
March 0.0175 0.0170 0.0174
April 0.0174 0.0174 0.0174
May 0.0175 0.0173 0.0174
June 0.0176 0.0173 0.0174
July 0.0175 0.0174 0.0174
August 0.0175 0.0173 0.0174
September 0.0175 0.0174 0.0174
October 0.0174 0.0174 0.0174
November 0.0175 0.0174 0.0174
December 0.0174 0.0174 0.0174