2024 QAR to SBD Historical Review

YEARLY HIGH

2.4026 SBD

YEARLY LOW

2.2668 SBD

YEARLY AVERAGE

2.3123 SBD

2024 QAR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.4026. Conversely, the yearly low was recorded on October 14, dropping to 2.2668.

This high-to-low spread represents a total annual volatility of 0.1357 SBD. From a start-to-finish perspective, comparing the January average rate of 2.3114 to the December average rate of 2.3002, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4026 was up 2.78% compared to the 2023 peak of 2.3375, 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 12,013 SBD

2023 Average 11,454 SBD

Yearly Trough Low 11,334 SBD

Transaction Impact: A difference of 678.71 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3354

2.2740

JanuMarcMayJulySeptNove

QAR to SBD 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 2.3225, compared to 2.3022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 2.3225

H2 Avg (Jul–Dec) 2.3022

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0943 SBD (High: 2.4026 / Low: 2.3083). On the other end, May was the most stable month, with a tight range of 0.0165 SBD (High: 2.3373 / Low: 2.3208).

March Spread (Volatile) ±0.0943

May Spread (Stable) ±0.0165

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0408 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.3247) against the same month in 2023 (average: 2.2567), the exchange rate shifted by +0.0681 (+3.02%).

2024 Avg (March) 2.3247

2023 Avg (March) 2.2567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3212	2.2933	2.3114
February	2.3372	2.2881	2.3200
March	2.4026	2.3083	2.3247
April	2.3476	2.3182	2.3277
May	2.3373	2.3208	2.3290
June	2.3309	2.3102	2.3221
July	2.3271	2.3083	2.3188
August	2.3495	2.3077	2.3303
September	2.3258	2.2771	2.2895
October	2.2933	2.2668	2.2791
November	2.3054	2.2791	2.2952
December	2.3089	2.2884	2.3002