YEARLY HIGH
1.2601 PLN
YEARLY LOW
1.0440 PLN
YEARLY AVERAGE
1.0931 PLN

2024 QAR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.2601. Conversely, the yearly low was recorded on September 24, dropping to 1.0440.

This high-to-low spread represents a total annual volatility of 0.2161 PLN. From a start-to-finish perspective, comparing the January average rate of 1.1033 to the December average rate of 1.1192, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2601 was up 2.50% compared to the 2023 peak of 1.2294, 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 6,301 PLN
2023 Average 5,761 PLN
Yearly Trough Low 5,220 PLN
Transaction Impact: A difference of 1,080.46 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1255
1.0506
JanuMarcMayJulySeptNove

QAR to PLN 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 1.0971, compared to 1.0891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 1.0971
H2 Avg (Jul–Dec) 1.0891

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1750 PLN (High: 1.2601 / Low: 1.0851). On the other end, February was the most stable month, with a tight range of 0.0257 PLN (High: 1.1128 / Low: 1.0871).

January Spread (Volatile) ±0.1750
February Spread (Stable) ±0.0257

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0195 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.1033) against the same month in 2023 (average: 1.1896), the exchange rate shifted by -0.0863 (-7.26%).

2024 Avg (January) 1.1033
2023 Avg (January) 1.1896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2601 1.0851 1.1033
February 1.1128 1.0871 1.0996
March 1.1006 1.0741 1.0882
April 1.1291 1.0777 1.1020
May 1.1085 1.0724 1.0874
June 1.1246 1.0759 1.1021
July 1.1044 1.0711 1.0825
August 1.0950 1.0466 1.0697
September 1.0698 1.0440 1.0569
October 1.1071 1.0644 1.0870
November 1.1438 1.0939 1.1193
December 1.1337 1.1049 1.1192