2024 QAR to KRW Historical Review

YEARLY HIGH

405.4385 KRW

YEARLY LOW

350.2528 KRW

YEARLY AVERAGE

374.3731 KRW

2024 QAR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 405.4385. Conversely, the yearly low was recorded on January 1, dropping to 350.2528.

This high-to-low spread represents a total annual volatility of 55.1858 KRW. From a start-to-finish perspective, comparing the January average rate of 363.6143 to the December average rate of 395.5089, the exchange rate registered a net change of 8.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 405.4385 was up 8.54% compared to the 2023 peak of 373.5416, 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 2,027,193 KRW

2023 Average 1,792,676 KRW

Yearly Trough Low 1,751,264 KRW

Transaction Impact: A difference of 275,928.95 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

398.6984

360.4249

JanuMarcMayJulySeptNove

QAR to KRW 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 370.8000, compared to 377.9462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.1462 points.

H1 Avg (Jan–Jun) 370.8000

H2 Avg (Jul–Dec) 377.9462

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 21.9953 KRW (High: 405.4385 / Low: 383.4432). On the other end, February was the most stable month, with a tight range of 4.8111 KRW (High: 368.3782 / Low: 363.5671).

December Spread (Volatile) ±21.9953

February Spread (Stable) ±4.8111

Growth Streaks & Declines

Trends

Between January and April, 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 8.3062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.3062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 395.5089) against the same month in 2023 (average: 357.0811), the exchange rate shifted by +38.4278 (+10.76%).

2024 Avg (December) 395.5089

2023 Avg (December) 357.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	369.3070	350.2528	363.6143
February	368.3782	363.5671	365.7061
March	370.9098	360.2060	365.9014
April	382.1736	369.4714	376.0906
May	379.8133	369.8813	374.3591
June	382.7319	374.9879	379.1283
July	381.7083	375.8210	379.3616
August	377.3559	363.9030	371.0555
September	369.1313	359.8058	365.1304
October	380.1319	363.8804	373.6566
November	386.8200	377.2722	382.9639
December	405.4385	383.4432	395.5089