2024 QAR to SVC Historical Review

YEARLY HIGH

2.4200 SVC

YEARLY LOW

2.3828 SVC

YEARLY AVERAGE

2.4016 SVC

2024 QAR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 2.4200. Conversely, the yearly low was recorded on June 8, dropping to 2.3828.

This high-to-low spread represents a total annual volatility of 0.0372 SVC. From a start-to-finish perspective, comparing the January average rate of 2.4014 to the December average rate of 2.4013, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4200 was down 0.45% compared to the 2023 peak of 2.4311, 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 12,100 SVC

2023 Average 12,003 SVC

Yearly Trough Low 11,914 SVC

Transaction Impact: A difference of 185.96 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4028

2.4004

JanuMarcMayJulySeptNove

QAR to SVC 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 2.4012, compared to 2.4019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 2.4012

H2 Avg (Jul–Dec) 2.4019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0312 SVC (High: 2.4200 / Low: 2.3889). On the other end, July was the most stable month, with a tight range of 0.0067 SVC (High: 2.4040 / Low: 2.3973).

August Spread (Volatile) ±0.0312

July Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.4026) against the same month in 2023 (average: 2.4011), the exchange rate shifted by +0.0015 (+0.06%).

2024 Avg (August) 2.4026

2023 Avg (August) 2.4011

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4054	2.3973	2.4014
February	2.4041	2.3974	2.4018
March	2.4074	2.3934	2.4013
April	2.4054	2.3924	2.4006
May	2.4117	2.3921	2.4009
June	2.4109	2.3828	2.4013
July	2.4040	2.3973	2.4008
August	2.4200	2.3889	2.4026
September	2.4057	2.3965	2.4024
October	2.4080	2.3991	2.4021
November	2.4100	2.3927	2.4025
December	2.4060	2.3974	2.4013