YEARLY HIGH
11.5391 UAH
YEARLY LOW
10.2711 UAH
YEARLY AVERAGE
11.0277 UAH

2024 QAR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.5391. Conversely, the yearly low was recorded on January 22, dropping to 10.2711.

This high-to-low spread represents a total annual volatility of 1.2679 UAH. From a start-to-finish perspective, comparing the January average rate of 10.3874 to the December average rate of 11.4680, the exchange rate registered a net change of 10.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.5391 was up 9.81% compared to the 2023 peak of 10.5082, 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 57,695 UAH
2023 Average 50,500 UAH
Yearly Trough Low 51,356 UAH
Transaction Impact: A difference of 6,339.73 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.5761
10.2793
JanuMarcMayJulySeptNove

QAR to UAH 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 10.7127, compared to 11.3427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6301 points.

H1 Avg (Jan–Jun) 10.7127
H2 Avg (Jul–Dec) 11.3427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3683 UAH (High: 10.7897 / Low: 10.4214). On the other end, October was the most stable month, with a tight range of 0.0677 UAH (High: 11.3592 / Low: 11.2915).

March Spread (Volatile) ±0.3683
October Spread (Stable) ±0.0677

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0058 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.4680) against the same month in 2023 (average: 10.2059), the exchange rate shifted by +1.2621 (+12.37%).

2024 Avg (December) 11.4680
2023 Avg (December) 10.2059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4971 10.2711 10.3874
February 10.6082 10.2806 10.4269
March 10.7897 10.4214 10.6312
April 10.9308 10.6572 10.8103
May 11.1325 10.7841 10.9075
June 11.2153 11.0091 11.1126
July 11.4336 11.1089 11.2537
August 11.4117 11.2316 11.3175
September 11.3985 11.2441 11.3287
October 11.3592 11.2915 11.3229
November 11.4334 11.3218 11.3656
December 11.5391 11.3577 11.4680