2024 QAR to JPY Historical Review

YEARLY HIGH

44.3785 JPY

YEARLY LOW

38.5947 JPY

YEARLY AVERAGE

41.5808 JPY

2024 QAR to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 44.3785. Conversely, the yearly low was recorded on January 1, dropping to 38.5947.

This high-to-low spread represents a total annual volatility of 5.7838 JPY. From a start-to-finish perspective, comparing the January average rate of 40.1216 to the December average rate of 42.2858, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 44.3785 was up 6.48% compared to the 2023 peak of 41.6763, 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 221,892 JPY

2023 Average 192,856 JPY

Yearly Trough Low 192,974 JPY

Transaction Impact: A difference of 28,918.79 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

43.8014

38.8615

JanuMarcMayJulySeptNove

QAR to JPY 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 41.7892, compared to 41.3725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4166 points.

H1 Avg (Jan–Jun) 41.7892

H2 Avg (Jul–Dec) 41.3725

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 3.2583 JPY (High: 44.3785 / Low: 41.1202). On the other end, February was the most stable month, with a tight range of 1.1657 JPY (High: 41.3967 / Low: 40.2310).

July Spread (Volatile) ±3.2583

February Spread (Stable) ±1.1657

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.0510 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.0510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 43.2378) against the same month in 2023 (average: 38.7775), the exchange rate shifted by +4.4603 (+11.50%).

2024 Avg (July) 43.2378

2023 Avg (July) 38.7775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.7129	38.5947	40.1216
February	41.3967	40.2310	41.0635
March	41.6830	40.3043	41.1248
April	43.3827	41.5470	42.2887
May	43.2631	42.0365	42.7465
June	44.1633	42.5976	43.3898
July	44.3785	41.1202	43.2378
August	40.9866	39.5330	40.1868
September	40.2627	38.6196	39.2732
October	42.0866	39.4771	41.1291
November	42.9856	41.1358	42.1224
December	43.4487	41.0532	42.2858