2024 QAR to XCD Historical Review

YEARLY HIGH

0.7479 XCD

YEARLY LOW

0.7339 XCD

YEARLY AVERAGE

0.7419 XCD

2024 QAR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.7479. Conversely, the yearly low was recorded on February 4, dropping to 0.7339.

This high-to-low spread represents a total annual volatility of 0.0140 XCD. From a start-to-finish perspective, comparing the January average rate of 0.7418 to the December average rate of 0.7419, 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 0.7479 was down 0.40% compared to the 2023 peak of 0.7509, 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 3,739 XCD

2023 Average 3,709 XCD

Yearly Trough Low 3,669 XCD

Transaction Impact: A difference of 70.03 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7429

0.7413

JanuMarcMayJulySeptNove

QAR to XCD 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 0.7418, compared to 0.7419 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) 0.7418

H2 Avg (Jul–Dec) 0.7419

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0085 XCD (High: 0.7424 / Low: 0.7339). On the other end, September was the most stable month, with a tight range of 0.0019 XCD (High: 0.7424 / Low: 0.7406).

February Spread (Volatile) ±0.0085

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: 0.7427) against the same month in 2023 (average: 0.7416), the exchange rate shifted by +0.0011 (+0.15%).

2024 Avg (August) 0.7427

2023 Avg (August) 0.7416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7425	0.7391	0.7418
February	0.7424	0.7339	0.7417
March	0.7440	0.7405	0.7421
April	0.7429	0.7394	0.7419
May	0.7449	0.7393	0.7418
June	0.7428	0.7360	0.7417
July	0.7426	0.7403	0.7417
August	0.7479	0.7404	0.7427
September	0.7424	0.7406	0.7419
October	0.7424	0.7382	0.7414
November	0.7428	0.7391	0.7419
December	0.7443	0.7402	0.7419