2024 QAR to TOP Historical Review

YEARLY HIGH

0.6630 TOP

YEARLY LOW

0.6374 TOP

YEARLY AVERAGE

0.6503 TOP

2024 QAR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.6630. Conversely, the yearly low was recorded on January 1, dropping to 0.6374.

This high-to-low spread represents a total annual volatility of 0.0256 TOP. From a start-to-finish perspective, comparing the January average rate of 0.6465 to the December average rate of 0.6573, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6630 was down 0.11% compared to the 2023 peak of 0.6637, 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 3,315 TOP

2023 Average 3,242 TOP

Yearly Trough Low 3,187 TOP

Transaction Impact: A difference of 127.88 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6587

0.6423

JanuMarcMayJulySeptNove

QAR to TOP 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 0.6498, compared to 0.6508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.6498

H2 Avg (Jul–Dec) 0.6508

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0187 TOP (High: 0.6593 / Low: 0.6406). On the other end, December was the most stable month, with a tight range of 0.0036 TOP (High: 0.6595 / Low: 0.6559).

August Spread (Volatile) ±0.0187

December Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6545) against the same month in 2023 (average: 0.6456), the exchange rate shifted by +0.0090 (+1.39%).

2024 Avg (April) 0.6545

2023 Avg (April) 0.6456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6508	0.6374	0.6465
February	0.6562	0.6419	0.6498
March	0.6538	0.6470	0.6504
April	0.6630	0.6499	0.6545
May	0.6557	0.6451	0.6501
June	0.6487	0.6407	0.6474
July	0.6552	0.6452	0.6494
August	0.6593	0.6406	0.6498
September	0.6468	0.6410	0.6437
October	0.6546	0.6402	0.6482
November	0.6592	0.6527	0.6564
December	0.6595	0.6559	0.6573