YEARLY HIGH
249.0587 KPW
YEARLY LOW
244.3943 KPW
YEARLY AVERAGE
247.0604 KPW

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 1,245,293 KPW
2023 Average 1,235,144 KPW
Yearly Trough Low 1,221,972 KPW
Transaction Impact: A difference of 23,321.78 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

247.3903
246.8702
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 247.0465
H2 Avg (Jul–Dec) 247.0743

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±2.8244
September Spread (Stable) ±0.6259

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2838

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (August) 247.3469
2023 Avg (August) 246.9744

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