2024 LRD to QAR Historical Review

YEARLY HIGH

0.0204 QAR

YEARLY LOW

0.0182 QAR

YEARLY AVERAGE

0.0190 QAR

2024 LRD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0204. Conversely, the yearly low was recorded on August 3, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0022 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0193 to the December average rate of 0.0202, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0204 was down 14.94% compared to the 2023 peak of 0.0239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102 QAR

2023 Average 105 QAR

Yearly Trough Low 91 QAR

Transaction Impact: A difference of 10.91 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0203

0.0185

JanuMarcMayJulySeptNove

LRD 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 0.0190, compared to 0.0191 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) 0.0190

H2 Avg (Jul–Dec) 0.0191

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0014 QAR (High: 0.0204 / Low: 0.0190). On the other end, May was the most stable month, with a tight range of 0.0001 QAR (High: 0.0189 / Low: 0.0187).

November Spread (Volatile) ±0.0014

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0202) against the same month in 2023 (average: 0.0194), the exchange rate shifted by +0.0008 (+4.19%).

2024 Avg (December) 0.0202

2023 Avg (December) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0194	0.0192	0.0193
February	0.0194	0.0190	0.0191
March	0.0190	0.0189	0.0189
April	0.0194	0.0188	0.0189
May	0.0189	0.0187	0.0188
June	0.0189	0.0187	0.0188
July	0.0188	0.0186	0.0187
August	0.0187	0.0182	0.0186
September	0.0188	0.0182	0.0186
October	0.0190	0.0188	0.0189
November	0.0204	0.0190	0.0197
December	0.0204	0.0198	0.0202