YEARLY HIGH
12.2783 UYU
YEARLY LOW
10.3079 UYU
YEARLY AVERAGE
11.0321 UYU

2024 QAR to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 12.2783. Conversely, the yearly low was recorded on March 28, dropping to 10.3079.

This high-to-low spread represents a total annual volatility of 1.9704 UYU. From a start-to-finish perspective, comparing the January average rate of 10.7522 to the December average rate of 12.0729, the exchange rate registered a net change of 12.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.2783 was up 11.01% compared to the 2023 peak of 11.0605, 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 61,391 UYU
2023 Average 53,280 UYU
Yearly Trough Low 51,539 UYU
Transaction Impact: A difference of 9,852.12 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.2254
10.3951
JanuMarcMayJulySeptNove

QAR to UYU 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 10.6532, compared to 11.4110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7579 points.

H1 Avg (Jan–Jun) 10.6532
H2 Avg (Jul–Dec) 11.4110

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.5796 UYU (High: 11.6075 / Low: 11.0278). On the other end, August was the most stable month, with a tight range of 0.1464 UYU (High: 11.1715 / Low: 11.0251).

September Spread (Volatile) ±0.5796
August Spread (Stable) ±0.1464

Growth Streaks & Declines

Trends

Between April and December, 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 February and March, when the average rate fell by 0.1751 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1751

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.0729) against the same month in 2023 (average: 10.7760), the exchange rate shifted by +1.2968 (+12.03%).

2024 Avg (December) 12.0729
2023 Avg (December) 10.7760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8325 10.6383 10.7522
February 10.7752 10.6133 10.7379
March 10.7310 10.3079 10.5628
April 10.6822 10.3163 10.5476
May 10.6410 10.4909 10.5639
June 10.8908 10.5785 10.7546
July 11.1091 10.9556 11.0232
August 11.1715 11.0251 11.0844
September 11.6075 11.0278 11.2468
October 11.5033 11.2603 11.4117
November 11.7933 11.3945 11.6273
December 12.2783 11.7939 12.0729