2024 QAR to GBP Historical Review

YEARLY HIGH

0.2224 GBP

YEARLY LOW

0.2045 GBP

YEARLY AVERAGE

0.2149 GBP

2024 QAR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.2224. Conversely, the yearly low was recorded on September 24, dropping to 0.2045.

This high-to-low spread represents a total annual volatility of 0.0179 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2160 to the December average rate of 0.2173, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2224 was down 4.22% compared to the 2023 peak of 0.2322, 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 1,112 GBP

2023 Average 1,104 GBP

Yearly Trough Low 1,023 GBP

Transaction Impact: A difference of 89.56 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2206

0.2065

JanuMarcMayJulySeptNove

QAR to GBP 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 0.2170, compared to 0.2127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.2170

H2 Avg (Jul–Dec) 0.2127

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0092 GBP (High: 0.2163 / Low: 0.2072). On the other end, January was the most stable month, with a tight range of 0.0032 GBP (High: 0.2176 / Low: 0.2144).

August Spread (Volatile) ±0.0092

January Spread (Stable) ±0.0032

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 August and September, when the average rate fell by 0.0047 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2195) against the same month in 2023 (average: 0.2204), the exchange rate shifted by -0.0010 (-0.43%).

2024 Avg (April) 0.2195

2023 Avg (April) 0.2204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2176	0.2144	0.2160
February	0.2185	0.2151	0.2173
March	0.2185	0.2135	0.2161
April	0.2224	0.2165	0.2195
May	0.2199	0.2144	0.2172
June	0.2175	0.2140	0.2160
July	0.2172	0.2110	0.2132
August	0.2163	0.2072	0.2123
September	0.2106	0.2045	0.2077
October	0.2129	0.2069	0.2103
November	0.2192	0.2105	0.2154
December	0.2198	0.2148	0.2173