YEARLY HIGH
0.7748 WST
YEARLY LOW
0.7603 WST
YEARLY AVERAGE
0.7686 WST

2024 QAR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.7748. Conversely, the yearly low was recorded on February 4, dropping to 0.7603.

This high-to-low spread represents a total annual volatility of 0.0145 WST. From a start-to-finish perspective, comparing the January average rate of 0.7686 to the December average rate of 0.7686, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7748 was up 0.18% compared to the 2023 peak of 0.7735, 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 3,874 WST
2023 Average 3,749 WST
Yearly Trough Low 3,802 WST
Transaction Impact: A difference of 72.56 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7697
0.7680
JanuMarcMayJulySeptNove

QAR to WST 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 0.7686, compared to 0.7687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.7686
H2 Avg (Jul–Dec) 0.7687

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0088 WST (High: 0.7691 / Low: 0.7603). On the other end, September was the most stable month, with a tight range of 0.0019 WST (High: 0.7692 / Low: 0.7673).

February Spread (Volatile) ±0.0088
September Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.7695) against the same month in 2023 (average: 0.7460), the exchange rate shifted by +0.0235 (+3.15%).

2024 Avg (August) 0.7695
2023 Avg (August) 0.7460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7693 0.7658 0.7686
February 0.7691 0.7603 0.7685
March 0.7708 0.7672 0.7689
April 0.7697 0.7660 0.7687
May 0.7718 0.7660 0.7686
June 0.7696 0.7626 0.7684
July 0.7694 0.7670 0.7684
August 0.7748 0.7671 0.7695
September 0.7692 0.7673 0.7686
October 0.7691 0.7648 0.7682
November 0.7696 0.7658 0.7687
December 0.7712 0.7669 0.7686