2024 QAR to AED Historical Review

YEARLY HIGH

1.0164 AED

YEARLY LOW

0.9974 AED

YEARLY AVERAGE

1.0083 AED

2024 QAR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 1.0164. Conversely, the yearly low was recorded on February 4, dropping to 0.9974.

This high-to-low spread represents a total annual volatility of 0.0191 AED. From a start-to-finish perspective, comparing the January average rate of 1.0082 to the December average rate of 1.0083, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0164 was down 0.38% compared to the 2023 peak of 1.0203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,082 AED

2023 Average 5,040 AED

Yearly Trough Low 4,987 AED

Transaction Impact: A difference of 95.26 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0096

1.0075

JanuMarcMayJulySeptNove

QAR to AED 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 1.0082, compared to 1.0083 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) 1.0082

H2 Avg (Jul–Dec) 1.0083

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0115 AED (High: 1.0089 / Low: 0.9974). On the other end, September was the most stable month, with a tight range of 0.0026 AED (High: 1.0091 / Low: 1.0065).

February Spread (Volatile) ±0.0115

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1.0094) against the same month in 2023 (average: 1.0079), the exchange rate shifted by +0.0015 (+0.15%).

2024 Avg (August) 1.0094

2023 Avg (August) 1.0079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0091	1.0045	1.0082
February	1.0089	0.9974	1.0080
March	1.0110	1.0063	1.0085
April	1.0095	1.0048	1.0082
May	1.0124	1.0048	1.0082
June	1.0096	1.0003	1.0080
July	1.0093	1.0061	1.0080
August	1.0164	1.0062	1.0094
September	1.0091	1.0065	1.0083
October	1.0089	1.0033	1.0077
November	1.0095	1.0045	1.0083
December	1.0116	1.0061	1.0083