2024 HKD to QAR Historical Review

YEARLY HIGH

0.4714 QAR

YEARLY LOW

0.4628 QAR

YEARLY AVERAGE

0.4669 QAR

2024 HKD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.4714. Conversely, the yearly low was recorded on August 3, dropping to 0.4628.

This high-to-low spread represents a total annual volatility of 0.0086 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4661 to the December average rate of 0.4686, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4714 was up 0.44% compared to the 2023 peak of 0.4693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,785 QAR

2023 Average 11,634 QAR

Yearly Trough Low 11,570 QAR

Transaction Impact: A difference of 214.32 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4695

0.4648

JanuMarcMayJulySeptNove

HKD 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 0.4659, compared to 0.4678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.4659

H2 Avg (Jul–Dec) 0.4678

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0057 QAR (High: 0.4708 / Low: 0.4651). On the other end, July was the most stable month, with a tight range of 0.0016 QAR (High: 0.4674 / Low: 0.4658).

February Spread (Volatile) ±0.0057

July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0009 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4691) against the same month in 2023 (average: 0.4655), the exchange rate shifted by +0.0036 (+0.77%).

2024 Avg (October) 0.4691

2023 Avg (October) 0.4655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4681	0.4655	0.4661
February	0.4708	0.4651	0.4658
March	0.4665	0.4643	0.4655
April	0.4669	0.4642	0.4652
May	0.4681	0.4650	0.4664
June	0.4700	0.4656	0.4666
July	0.4674	0.4658	0.4666
August	0.4681	0.4628	0.4667
September	0.4686	0.4668	0.4676
October	0.4714	0.4684	0.4691
November	0.4696	0.4676	0.4682
December	0.4701	0.4670	0.4686