YEARLY HIGH
0.2524 CHF
YEARLY LOW
0.2303 CHF
YEARLY AVERAGE
0.2417 CHF

2024 QAR to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.2524. Conversely, the yearly low was recorded on January 1, dropping to 0.2303.

This high-to-low spread represents a total annual volatility of 0.0221 CHF. From a start-to-finish perspective, comparing the January average rate of 0.2356 to the December average rate of 0.2449, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2524 was down 2.47% compared to the 2023 peak of 0.2588, 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 1,262 CHF
2023 Average 1,233 CHF
Yearly Trough Low 1,151 CHF
Transaction Impact: A difference of 110.73 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2516
0.2308
JanuMarcMayJulySeptNove

QAR to CHF 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 0.2442, compared to 0.2393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.2442
H2 Avg (Jul–Dec) 0.2393

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0088 CHF (High: 0.2397 / Low: 0.2308). On the other end, September was the most stable month, with a tight range of 0.0032 CHF (High: 0.2342 / Low: 0.2310).

August Spread (Volatile) ±0.0088
September Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2498) against the same month in 2023 (average: 0.2466), the exchange rate shifted by +0.0033 (+1.32%).

2024 Avg (April) 0.2498
2023 Avg (April) 0.2466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2388 0.2303 0.2356
February 0.2437 0.2354 0.2407
March 0.2487 0.2409 0.2441
April 0.2524 0.2476 0.2498
May 0.2516 0.2469 0.2495
June 0.2476 0.2428 0.2454
July 0.2481 0.2411 0.2447
August 0.2397 0.2308 0.2357
September 0.2342 0.2310 0.2325
October 0.2381 0.2324 0.2363
November 0.2455 0.2369 0.2417
December 0.2489 0.2406 0.2449