2024 QAR to SEK Historical Review

YEARLY HIGH

3.0682 SEK

YEARLY LOW

2.7554 SEK

YEARLY AVERAGE

2.9029 SEK

2024 QAR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3.0682. Conversely, the yearly low was recorded on January 1, dropping to 2.7554.

This high-to-low spread represents a total annual volatility of 0.3128 SEK. From a start-to-finish perspective, comparing the January average rate of 2.8400 to the December average rate of 3.0183, the exchange rate registered a net change of 6.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0682 was down 0.53% compared to the 2023 peak of 3.0846, 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 15,341 SEK

2023 Average 14,565 SEK

Yearly Trough Low 13,777 SEK

Transaction Impact: A difference of 1,563.85 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0395

2.7849

JanuMarcMayJulySeptNove

QAR to SEK 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 2.8954, compared to 2.9104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 2.8954

H2 Avg (Jul–Dec) 2.9104

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1585 SEK (High: 2.9466 / Low: 2.7881). On the other end, June was the most stable month, with a tight range of 0.0708 SEK (High: 2.9223 / Low: 2.8515).

August Spread (Volatile) ±0.1585

June Spread (Stable) ±0.0708

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 May and June, when the average rate fell by 0.0662 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 3.0183) against the same month in 2023 (average: 2.8105), the exchange rate shifted by +0.2077 (+7.39%).

2024 Avg (December) 3.0183

2023 Avg (December) 2.8105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8789	2.7554	2.8400
February	2.9071	2.8239	2.8642
March	2.9386	2.8043	2.8631
April	3.0242	2.8959	2.9709
May	2.9985	2.8917	2.9503
June	2.9223	2.8515	2.8841
July	2.9711	2.8403	2.9181
August	2.9466	2.7881	2.8568
September	2.8535	2.7687	2.8061
October	2.9319	2.8188	2.8743
November	3.0399	2.9115	2.9889
December	3.0682	2.9795	3.0183