YEARLY HIGH
0.2111 QAR
YEARLY LOW
0.1973 QAR
YEARLY AVERAGE
0.2055 QAR

2024 MDL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.2111. Conversely, the yearly low was recorded on December 25, dropping to 0.1973.

This high-to-low spread represents a total annual volatility of 0.0138 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2068 to the December average rate of 0.1989, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2111 was up 0.13% compared to the 2023 peak of 0.2108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,055 QAR
2023 Average 1,007 QAR
Yearly Trough Low 986 QAR
Transaction Impact: A difference of 69.01 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2107
0.1978
JanuMarcMayJulySeptNove

MDL 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 0.2059, compared to 0.2051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2059
H2 Avg (Jul–Dec) 0.2051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0067 QAR (High: 0.2098 / Low: 0.2031). On the other end, May was the most stable month, with a tight range of 0.0019 QAR (High: 0.2073 / Low: 0.2054).

October Spread (Volatile) ±0.0067
May Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2081) against the same month in 2023 (average: 0.2061), the exchange rate shifted by +0.0020 (+0.96%).

2024 Avg (August) 0.2081
2023 Avg (August) 0.2061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2110 0.2051 0.2068
February 0.2069 0.2035 0.2047
March 0.2076 0.2054 0.2063
April 0.2073 0.2033 0.2055
May 0.2073 0.2054 0.2063
June 0.2092 0.2037 0.2057
July 0.2075 0.2043 0.2058
August 0.2111 0.2045 0.2081
September 0.2109 0.2082 0.2096
October 0.2098 0.2031 0.2062
November 0.2049 0.1992 0.2019
December 0.2000 0.1973 0.1989