2024 QAR to NZD Historical Review

YEARLY HIGH

0.4903 NZD

YEARLY LOW

0.4323 NZD

YEARLY AVERAGE

0.4540 NZD

2024 QAR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4903. Conversely, the yearly low was recorded on September 24, dropping to 0.4323.

This high-to-low spread represents a total annual volatility of 0.0581 NZD. From a start-to-finish perspective, comparing the January average rate of 0.4446 to the December average rate of 0.4785, the exchange rate registered a net change of 7.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4903 was up 3.45% compared to the 2023 peak of 0.4740, 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 2,452 NZD

2023 Average 2,236 NZD

Yearly Trough Low 2,161 NZD

Transaction Impact: A difference of 290.28 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4823

0.4372

JanuMarcMayJulySeptNove

QAR to NZD 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 0.4509, compared to 0.4571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.4509

H2 Avg (Jul–Dec) 0.4571

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0259 NZD (High: 0.4644 / Low: 0.4385). On the other end, June was the most stable month, with a tight range of 0.0085 NZD (High: 0.4515 / Low: 0.4430).

August Spread (Volatile) ±0.0259

June Spread (Stable) ±0.0085

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 August and September, when the average rate fell by 0.0108 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4785) against the same month in 2023 (average: 0.4406), the exchange rate shifted by +0.0380 (+8.62%).

2024 Avg (December) 0.4785

2023 Avg (December) 0.4406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4521	0.4331	0.4446
February	0.4534	0.4425	0.4479
March	0.4603	0.4444	0.4520
April	0.4670	0.4525	0.4612
May	0.4627	0.4455	0.4522
June	0.4515	0.4430	0.4474
July	0.4663	0.4467	0.4550
August	0.4644	0.4385	0.4517
September	0.4478	0.4323	0.4409
October	0.4600	0.4372	0.4516
November	0.4728	0.4561	0.4647
December	0.4903	0.4652	0.4785