YEARLY HIGH
130.3559 KMF
YEARLY LOW
121.0041 KMF
YEARLY AVERAGE
124.9480 KMF

2024 QAR to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 130.3559. Conversely, the yearly low was recorded on August 28, dropping to 121.0041.

This high-to-low spread represents a total annual volatility of 9.3518 KMF. From a start-to-finish perspective, comparing the January average rate of 123.8882 to the December average rate of 129.0136, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 130.3559 was up 0.80% compared to the 2023 peak of 129.3189, 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 651,780 KMF
2023 Average 625,122 KMF
Yearly Trough Low 605,020 KMF
Transaction Impact: A difference of 46,759.06 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

129.7395
121.0283
JanuMarcMayJulySeptNove

QAR to KMF 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 125.0008, compared to 124.8952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1057 points.

H1 Avg (Jan–Jun) 125.0008
H2 Avg (Jul–Dec) 124.8952

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 5.9975 KMF (High: 129.7109 / Low: 123.7135). On the other end, September was the most stable month, with a tight range of 1.7178 KMF (High: 122.7389 / Low: 121.0211).

November Spread (Volatile) ±5.9975
September Spread (Stable) ±1.7178

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 July and August, when the average rate fell by 1.7124 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 129.0136) against the same month in 2023 (average: 123.7836), the exchange rate shifted by +5.2300 (+4.23%).

2024 Avg (December) 129.0136
2023 Avg (December) 123.7836

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 125.1202 121.7476 123.8882
February 126.2497 123.9623 125.1621
March 125.3303 123.4487 124.4227
April 127.3016 124.4153 125.9991
May 126.6472 123.8806 125.1128
June 126.5401 123.2251 125.4202
July 126.1416 123.4993 124.6528
August 126.3420 121.0041 122.9404
September 122.7389 121.0211 121.7543
October 125.1774 121.9580 123.8933
November 129.7109 123.7135 127.1166
December 130.3559 127.6747 129.0136