YEARLY HIGH
0.4985 ANG
YEARLY LOW
0.4908 ANG
YEARLY AVERAGE
0.4947 ANG

2024 QAR to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.4985. Conversely, the yearly low was recorded on June 8, dropping to 0.4908.

This high-to-low spread represents a total annual volatility of 0.0077 ANG. From a start-to-finish perspective, comparing the January average rate of 0.4946 to the December average rate of 0.4946, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4985 was down 0.45% compared to the 2023 peak of 0.5007, 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 2,492 ANG
2023 Average 2,472 ANG
Yearly Trough Low 2,454 ANG
Transaction Impact: A difference of 38.60 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4949
0.4944
JanuMarcMayJulySeptNove

QAR to ANG 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 0.4946, compared to 0.4947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4946
H2 Avg (Jul–Dec) 0.4947

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0064 ANG (High: 0.4985 / Low: 0.4921). On the other end, July was the most stable month, with a tight range of 0.0014 ANG (High: 0.4952 / Low: 0.4938).

August Spread (Volatile) ±0.0064
July Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4949) against the same month in 2023 (average: 0.4946), the exchange rate shifted by +0.0003 (+0.06%).

2024 Avg (August) 0.4949
2023 Avg (August) 0.4946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4955 0.4938 0.4946
February 0.4985 0.4938 0.4948
March 0.4958 0.4930 0.4946
April 0.4958 0.4930 0.4946
May 0.4967 0.4927 0.4945
June 0.4965 0.4908 0.4946
July 0.4952 0.4938 0.4944
August 0.4985 0.4921 0.4949
September 0.4955 0.4936 0.4948
October 0.4960 0.4941 0.4948
November 0.4964 0.4928 0.4949
December 0.4955 0.4938 0.4946