YEARLY HIGH
0.0848 KWD
YEARLY LOW
0.0835 KWD
YEARLY AVERAGE
0.0842 KWD

2024 QAR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0848. Conversely, the yearly low was recorded on June 8, dropping to 0.0835.

This high-to-low spread represents a total annual volatility of 0.0013 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0844 to the December average rate of 0.0845, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0848 was down 0.49% compared to the 2023 peak of 0.0853, 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 424 KWD
2023 Average 422 KWD
Yearly Trough Low 418 KWD
Transaction Impact: A difference of 6.65 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0846
0.0837
JanuMarcMayJulySeptNove

QAR to KWD 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 0.0844, compared to 0.0841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0844
H2 Avg (Jul–Dec) 0.0841

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0009 KWD (High: 0.0847 / Low: 0.0837). On the other end, September was the most stable month, with a tight range of 0.0003 KWD (High: 0.0839 / Low: 0.0836).

February Spread (Volatile) ±0.0009
September Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0845) against the same month in 2023 (average: 0.0845), the exchange rate shifted by -0.0000 (-0.00%).

2024 Avg (December) 0.0845
2023 Avg (December) 0.0845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0845 0.0842 0.0844
February 0.0847 0.0837 0.0845
March 0.0847 0.0843 0.0844
April 0.0847 0.0842 0.0845
May 0.0846 0.0839 0.0843
June 0.0843 0.0835 0.0841
July 0.0842 0.0838 0.0839
August 0.0845 0.0836 0.0840
September 0.0839 0.0836 0.0838
October 0.0842 0.0836 0.0841
November 0.0846 0.0839 0.0843
December 0.0848 0.0841 0.0845