YEARLY HIGH
0.4434 AUD
YEARLY LOW
0.3969 AUD
YEARLY AVERAGE
0.4162 AUD

2024 QAR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4434. Conversely, the yearly low was recorded on September 29, dropping to 0.3969.

This high-to-low spread represents a total annual volatility of 0.0465 AUD. From a start-to-finish perspective, comparing the January average rate of 0.4131 to the December average rate of 0.4341, the exchange rate registered a net change of 5.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4434 was up 1.66% compared to the 2023 peak of 0.4362, 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 2,217 AUD
2023 Average 2,067 AUD
Yearly Trough Low 1,985 AUD
Transaction Impact: A difference of 232.60 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4370
0.4025
JanuMarcMayJulySeptNove

QAR to AUD 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 0.4169, compared to 0.4156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.4169
H2 Avg (Jul–Dec) 0.4156

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0211 AUD (High: 0.4252 / Low: 0.4041). On the other end, June was the most stable month, with a tight range of 0.0065 AUD (High: 0.4167 / Low: 0.4103).

August Spread (Volatile) ±0.0211
June Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0079 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4341) against the same month in 2023 (average: 0.4094), the exchange rate shifted by +0.0247 (+6.04%).

2024 Avg (December) 0.4341
2023 Avg (December) 0.4094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4190 0.4017 0.4131
February 0.4256 0.4175 0.4205
March 0.4225 0.4132 0.4187
April 0.4282 0.4141 0.4220
May 0.4204 0.4092 0.4141
June 0.4167 0.4103 0.4132
July 0.4200 0.4057 0.4111
August 0.4252 0.4041 0.4131
September 0.4127 0.3969 0.4054
October 0.4187 0.3989 0.4092
November 0.4255 0.4114 0.4203
December 0.4434 0.4226 0.4341