YEARLY HIGH
166.4542 SDG
YEARLY LOW
156.6181 SDG
YEARLY AVERAGE
164.1774 SDG

2024 QAR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 166.4542. Conversely, the yearly low was recorded on May 2, dropping to 156.6181.

This high-to-low spread represents a total annual volatility of 9.8361 SDG. From a start-to-finish perspective, comparing the January average rate of 164.9657 to the December average rate of 165.1196, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 166.4542 was down 0.07% compared to the 2023 peak of 166.5727, 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 832,271 SDG
2023 Average 818,421 SDG
Yearly Trough Low 783,091 SDG
Transaction Impact: A difference of 49,180.52 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

165.7406
160.5762
JanuMarcMayJulySeptNove

QAR to SDG 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 163.5358, compared to 164.8190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2831 points.

H1 Avg (Jan–Jun) 163.5358
H2 Avg (Jul–Dec) 164.8190

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 9.0415 SDG (High: 165.6597 / Low: 156.6181). On the other end, September was the most stable month, with a tight range of 0.4183 SDG (High: 165.2451 / Low: 164.8268).

May Spread (Volatile) ±9.0415
September Spread (Stable) ±0.4183

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 2.0284 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 165.3102) against the same month in 2023 (average: 165.0169), the exchange rate shifted by +0.2933 (+0.18%).

2024 Avg (August) 165.3102
2023 Avg (August) 165.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 165.1223 164.3724 164.9657
February 165.0872 163.0653 164.9215
March 165.1687 160.6167 163.0350
April 164.9272 160.3159 161.0066
May 165.6597 156.6181 164.4121
June 165.1300 159.5975 162.8740
July 165.2019 160.5143 163.2160
August 166.4542 164.7895 165.3102
September 165.2451 164.8268 165.1205
October 165.2246 164.2950 165.0206
November 165.3258 164.5042 165.1269
December 165.6614 164.7548 165.1196