2024 QAR to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 QAR to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the QAR to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 111.6293. Conversely, the yearly low was recorded on October 15, dropping to 106.0599.
This high-to-low spread represents a total annual volatility of 5.5695 AMD. From a start-to-finish perspective, comparing the January average rate of 111.0867 to the December average rate of 108.8967, the exchange rate registered a net change of -1.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 111.6293 was down 5.02% compared to the 2023 peak of 117.5326, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
QAR to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 108.7998, compared to 106.8673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9325 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 2.8339 AMD (High: 110.6351 / Low: 107.8013). On the other end, October was the most stable month, with a tight range of 0.3627 AMD (High: 106.4226 / Low: 106.0599).
Growth Streaks & Declines
TrendsBetween October and December, 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 March and April, when the average rate fell by 2.5709 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 111.4088) against the same month in 2023 (average: 108.0519), the exchange rate shifted by +3.3569 (+3.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 111.5081 | 110.6519 | 111.0867 |
| February | 111.6293 | 111.1777 | 111.4088 |
| March | 110.9743 | 108.1510 | 109.9834 |
| April | 108.9079 | 106.4616 | 107.4125 |
| May | 106.6150 | 106.1741 | 106.4120 |
| June | 106.7677 | 106.2716 | 106.4952 |
| July | 106.6658 | 106.2338 | 106.4765 |
| August | 106.9314 | 106.0884 | 106.4958 |
| September | 106.5668 | 106.0846 | 106.3134 |
| October | 106.4226 | 106.0599 | 106.2390 |
| November | 108.8343 | 106.1608 | 106.7822 |
| December | 110.6351 | 107.8013 | 108.8967 |