2024 QAR to TJS Historical Review

YEARLY HIGH

3.0154 TJS

YEARLY LOW

2.8872 TJS

YEARLY AVERAGE

2.9603 TJS

2024 QAR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 3.0154. Conversely, the yearly low was recorded on August 4, dropping to 2.8872.

This high-to-low spread represents a total annual volatility of 0.1282 TJS. From a start-to-finish perspective, comparing the January average rate of 2.9985 to the December average rate of 2.9956, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0154 was down 0.66% compared to the 2023 peak of 3.0353, 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 15,077 TJS

2023 Average 14,830 TJS

Yearly Trough Low 14,436 TJS

Transaction Impact: A difference of 640.86 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0140

2.9061

JanuMarcMayJulySeptNove

QAR to TJS 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 2.9864, compared to 2.9342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0523 points.

H1 Avg (Jan–Jun) 2.9864

H2 Avg (Jul–Dec) 2.9342

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0864 TJS (High: 2.9960 / Low: 2.9095). On the other end, October was the most stable month, with a tight range of 0.0163 TJS (High: 2.9309 / Low: 2.9147).

November Spread (Volatile) ±0.0864

October Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0441 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 3.0050) against the same month in 2023 (average: 2.8948), the exchange rate shifted by +0.1102 (+3.81%).

2024 Avg (March) 3.0050

2023 Avg (March) 2.8948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.0113	2.9905	2.9985
February	3.0104	2.9939	3.0038
March	3.0154	2.9966	3.0050
April	3.0103	2.9941	3.0015
May	3.0001	2.9382	2.9770
June	2.9659	2.9043	2.9329
July	2.9395	2.9059	2.9193
August	2.9390	2.8872	2.9151
September	2.9321	2.9157	2.9227
October	2.9309	2.9147	2.9234
November	2.9960	2.9095	2.9288
December	3.0080	2.9860	2.9956