2024 QAR to SLL Historical Review

YEARLY HIGH

5802.9293 SLL

YEARLY LOW

5694.2524 SLL

YEARLY AVERAGE

5756.3692 SLL

2024 QAR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 5802.9293. Conversely, the yearly low was recorded on February 4, dropping to 5694.2524.

This high-to-low spread represents a total annual volatility of 108.6769 SLL. From a start-to-finish perspective, comparing the January average rate of 5755.8219 to the December average rate of 5756.4008, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5802.9293 was up 0.18% compared to the 2023 peak of 5792.7836, 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 29,014,646 SLL

2023 Average 26,194,256 SLL

Yearly Trough Low 28,471,262 SLL

Transaction Impact: A difference of 543,384.51 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5764.0556

5751.9386

JanuMarcMayJulySeptNove

QAR to SLL 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 5756.0453, compared to 5756.6930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6477 points.

H1 Avg (Jan–Jun) 5756.0453

H2 Avg (Jul–Dec) 5756.6930

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 65.8081 SLL (High: 5760.0604 / Low: 5694.2524). On the other end, September was the most stable month, with a tight range of 14.5831 SLL (High: 5760.7757 / Low: 5746.1925).

February Spread (Volatile) ±65.8081

September Spread (Stable) ±14.5831

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 August and September, when the average rate fell by 6.6132 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.6132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 5763.0459) against the same month in 2023 (average: 5754.3662), the exchange rate shifted by +8.6797 (+0.15%).

2024 Avg (August) 5763.0459

2023 Avg (August) 5754.3662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5761.2853	5735.1208	5755.8219
February	5760.0604	5694.2524	5755.1038
March	5772.6427	5745.2778	5758.1577
April	5764.2500	5736.7667	5756.7310
May	5780.0337	5736.3649	5755.8172
June	5763.7367	5711.0587	5754.6403
July	5762.2875	5743.8646	5754.6744
August	5802.9293	5744.8938	5763.0459
September	5760.7757	5746.1925	5756.4326
October	5760.0604	5727.6549	5752.9484
November	5763.5894	5734.9483	5756.6562
December	5775.2883	5743.6853	5756.4008