2024 QAR to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 QAR to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the QAR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 249.0587. Conversely, the yearly low was recorded on February 4, dropping to 244.3943.
This high-to-low spread represents a total annual volatility of 4.6644 KPW. From a start-to-finish perspective, comparing the January average rate of 247.0369 to the December average rate of 247.0617, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 249.0587 was down 0.40% compared to the 2023 peak of 250.0674, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
QAR to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 247.0465, compared to 247.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0278 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 2.8244 KPW (High: 247.2188 / Low: 244.3943). On the other end, September was the most stable month, with a tight range of 0.6259 KPW (High: 247.2495 / Low: 246.6236).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2838 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 247.3469) against the same month in 2023 (average: 246.9744), the exchange rate shifted by +0.3725 (+0.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 247.2714 | 246.1484 | 247.0369 |
| February | 247.2188 | 244.3943 | 247.0061 |
| March | 247.7588 | 246.5843 | 247.1371 |
| April | 247.3986 | 246.2190 | 247.0759 |
| May | 248.0760 | 246.2018 | 247.0367 |
| June | 247.3766 | 245.1157 | 246.9862 |
| July | 247.3144 | 246.5237 | 246.9876 |
| August | 249.0587 | 246.5678 | 247.3469 |
| September | 247.2495 | 246.6236 | 247.0631 |
| October | 247.2188 | 245.8280 | 246.9135 |
| November | 247.3702 | 246.1410 | 247.0727 |
| December | 247.8724 | 246.5160 | 247.0617 |