2024 KWD to QAR Historical Review

YEARLY HIGH

11.9755 QAR

YEARLY LOW

11.7878 QAR

YEARLY AVERAGE

11.8713 QAR

2024 KWD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 11.9755. Conversely, the yearly low was recorded on December 26, dropping to 11.7878.

This high-to-low spread represents a total annual volatility of 0.1877 QAR. From a start-to-finish perspective, comparing the January average rate of 11.8452 to the December average rate of 11.8381, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.9755 was down 1.07% compared to the 2023 peak of 12.1049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,877 QAR

2023 Average 59,278 QAR

Yearly Trough Low 58,939 QAR

Transaction Impact: A difference of 938.43 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.9453

11.8205

JanuMarcMayJulySeptNove

KWD 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 11.8509, compared to 11.8918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0409 points.

H1 Avg (Jan–Jun) 11.8509

H2 Avg (Jul–Dec) 11.8918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1334 QAR (High: 11.9439 / Low: 11.8105). On the other end, September was the most stable month, with a tight range of 0.0434 QAR (High: 11.9586 / Low: 11.9152).

February Spread (Volatile) ±0.1334

September Spread (Stable) ±0.0434

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0387 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 11.8860) against the same month in 2023 (average: 11.8556), the exchange rate shifted by +0.0304 (+0.26%).

2024 Avg (June) 11.8860

2023 Avg (June) 11.8556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8781	11.8295	11.8452
February	11.9439	11.8105	11.8375
March	11.8673	11.8092	11.8456
April	11.8738	11.8065	11.8309
May	11.9166	11.8191	11.8604
June	11.9755	11.8673	11.8860
July	11.9382	11.8781	11.9144
August	11.9579	11.8391	11.9083
September	11.9586	11.9152	11.9349
October	11.9599	11.8734	11.8962
November	11.9259	11.8252	11.8587
December	11.8874	11.7878	11.8381