YEARLY HIGH
49.1860 DJF
YEARLY LOW
48.4686 DJF
YEARLY AVERAGE
48.8126 DJF

2024 QAR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 49.1860. Conversely, the yearly low was recorded on May 13, dropping to 48.4686.

This high-to-low spread represents a total annual volatility of 0.7174 DJF. From a start-to-finish perspective, comparing the January average rate of 48.8341 to the December average rate of 48.8245, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 49.1860 was up 0.04% compared to the 2023 peak of 49.1648, 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 245,930 DJF
2023 Average 244,056 DJF
Yearly Trough Low 242,343 DJF
Transaction Impact: A difference of 3,587.10 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

48.8489
48.7638
JanuMarcMayJulySeptNove

QAR to DJF 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 48.8100, compared to 48.8151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 48.8100
H2 Avg (Jul–Dec) 48.8151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5032 DJF (High: 49.1860 / Low: 48.6828). On the other end, February was the most stable month, with a tight range of 0.1753 DJF (High: 48.9056 / Low: 48.7303).

November Spread (Volatile) ±0.5032
February Spread (Stable) ±0.1753

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0507 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 48.8236) against the same month in 2023 (average: 48.8107), the exchange rate shifted by +0.0129 (+0.03%).

2024 Avg (November) 48.8236
2023 Avg (November) 48.8107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.0250 48.6356 48.8341
February 48.9056 48.7303 48.8358
March 48.9940 48.6953 48.8113
April 48.9867 48.7085 48.8133
May 48.8701 48.4686 48.7709
June 48.9607 48.6157 48.7947
July 48.8842 48.6918 48.7996
August 49.0753 48.6742 48.8102
September 49.1484 48.7616 48.8418
October 48.9346 48.6197 48.7911
November 49.1860 48.6828 48.8236
December 48.9725 48.7147 48.8245