2024 QAR to SOS Historical Review

YEARLY HIGH

158.0682 SOS

YEARLY LOW

156.2787 SOS

YEARLY AVERAGE

156.8329 SOS

2024 QAR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 158.0682. Conversely, the yearly low was recorded on August 4, dropping to 156.2787.

This high-to-low spread represents a total annual volatility of 1.7896 SOS. From a start-to-finish perspective, comparing the January average rate of 156.7984 to the December average rate of 156.8380, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 158.0682 was up 0.07% compared to the 2023 peak of 157.9592, 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 790,341 SOS

2023 Average 781,342 SOS

Yearly Trough Low 781,393 SOS

Transaction Impact: A difference of 8,947.82 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

156.9465

156.7318

JanuMarcMayJulySeptNove

QAR to SOS 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 156.8300, compared to 156.8359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 156.8300

H2 Avg (Jul–Dec) 156.8359

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.4910 SOS (High: 158.0682 / Low: 156.5772). On the other end, May was the most stable month, with a tight range of 0.4429 SOS (High: 156.9497 / Low: 156.5068).

February Spread (Volatile) ±1.4910

May Spread (Stable) ±0.4429

Growth Streaks & Declines

Trends

Between July and September, 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 April and May, when the average rate fell by 0.0959 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 156.9089) against the same month in 2023 (average: 155.9265), the exchange rate shifted by +0.9825 (+0.63%).

2024 Avg (February) 156.9089

2023 Avg (February) 155.9265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	157.1126	156.3413	156.7984
February	158.0682	156.5772	156.9089
March	157.2401	156.6006	156.8732
April	157.2117	156.3117	156.8456
May	156.9497	156.5068	156.7497
June	157.2263	156.6382	156.8040
July	157.0116	156.5080	156.7524
August	157.4936	156.2787	156.7970
September	157.7320	156.5370	156.8740
October	157.1176	156.5705	156.8252
November	157.8574	156.7451	156.9286
December	157.1445	156.5974	156.8380