YEARLY HIGH
0.9578 QAR
YEARLY LOW
0.7936 QAR
YEARLY AVERAGE
0.9152 QAR

2024 PLN to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.9578. Conversely, the yearly low was recorded on January 1, dropping to 0.7936.

This high-to-low spread represents a total annual volatility of 0.1643 QAR. From a start-to-finish perspective, comparing the January average rate of 0.9069 to the December average rate of 0.8935, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9578 was up 2.34% compared to the 2023 peak of 0.9359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 19,157 QAR
2023 Average 17,382 QAR
Yearly Trough Low 15,872 QAR
Transaction Impact: A difference of 3,285.19 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9515
0.8883
JanuMarcMayJulySeptNove

PLN 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 0.9117, compared to 0.9187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.9117
H2 Avg (Jul–Dec) 0.9187

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1280 QAR (High: 0.9216 / Low: 0.7936). On the other end, February was the most stable month, with a tight range of 0.0212 QAR (High: 0.9199 / Low: 0.8986).

January Spread (Volatile) ±0.1280
February Spread (Stable) ±0.0212

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 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9462) against the same month in 2023 (average: 0.8454), the exchange rate shifted by +0.1008 (+11.93%).

2024 Avg (September) 0.9462
2023 Avg (September) 0.8454

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9216 0.7936 0.9069
February 0.9199 0.8986 0.9094
March 0.9310 0.9086 0.9190
April 0.9279 0.8857 0.9075
May 0.9325 0.9021 0.9198
June 0.9294 0.8892 0.9075
July 0.9336 0.9054 0.9238
August 0.9555 0.9132 0.9350
September 0.9578 0.9348 0.9462
October 0.9395 0.9033 0.9201
November 0.9141 0.8743 0.8935
December 0.9050 0.8821 0.8935