YEARLY HIGH
282.8696 ARS
YEARLY LOW
221.7723 ARS
YEARLY AVERAGE
251.1900 ARS

2024 QAR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 282.8696. Conversely, the yearly low was recorded on January 1, dropping to 221.7723.

This high-to-low spread represents a total annual volatility of 61.0972 ARS. From a start-to-finish perspective, comparing the January average rate of 224.4438 to the December average rate of 279.9660, the exchange rate registered a net change of 24.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 282.8696 was up 27.11% compared to the 2023 peak of 222.5444, 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 1,414,348 ARS
2023 Average 406,393 ARS
Yearly Trough Low 1,108,862 ARS
Transaction Impact: A difference of 305,486.17 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

285.5182
218.8916
JanuMarcMayJulySeptNove

QAR to ARS 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 236.0283, compared to 266.3516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.3233 points.

H1 Avg (Jan–Jun) 236.0283
H2 Avg (Jul–Dec) 266.3516

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 6.7772 ARS (High: 271.9410 / Low: 265.1637). On the other end, March was the most stable month, with a tight range of 4.3136 ARS (High: 235.5706 / Low: 231.2571).

October Spread (Volatile) ±6.7772
March Spread (Stable) ±4.3136

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 279.9660) against the same month in 2023 (average: 173.3821), the exchange rate shifted by +106.5839 (+61.47%).

2024 Avg (December) 279.9660
2023 Avg (December) 173.3821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 226.9901 221.7723 224.4438
February 231.2548 226.6965 228.9262
March 235.5706 231.2571 233.5552
April 240.7292 235.4824 238.2344
May 245.5217 239.6259 243.0487
June 250.1048 244.9115 247.9615
July 256.0415 250.4401 253.0212
August 261.3194 254.6451 258.5099
September 266.0700 261.4044 263.6147
October 271.9410 265.1637 268.6658
November 277.6926 270.9986 274.3322
December 282.8696 277.5669 279.9660