2024 QAR to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 QAR to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the QAR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 69.2798. Conversely, the yearly low was recorded on February 4, dropping to 67.9823.
This high-to-low spread represents a total annual volatility of 1.2975 YER. From a start-to-finish perspective, comparing the January average rate of 68.7157 to the December average rate of 68.6476, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 69.2798 was down 0.40% compared to the 2023 peak of 69.5604, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
QAR to YER Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 68.7148, compared to 68.6937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 0.7878 YER (High: 68.7702 / Low: 67.9823). On the other end, September was the most stable month, with a tight range of 0.1672 YER (High: 68.7697 / Low: 68.6025).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0818 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 68.8012) against the same month in 2023 (average: 68.6888), the exchange rate shifted by +0.1125 (+0.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.7964 | 68.4375 | 68.7157 |
| February | 68.7702 | 67.9823 | 68.6935 |
| March | 68.9320 | 68.6052 | 68.7481 |
| April | 68.8181 | 68.4728 | 68.7337 |
| May | 68.8824 | 68.4620 | 68.6892 |
| June | 68.8085 | 68.2034 | 68.7089 |
| July | 68.7877 | 68.5618 | 68.7029 |
| August | 69.2798 | 68.5801 | 68.8012 |
| September | 68.7697 | 68.6025 | 68.7195 |
| October | 68.7680 | 68.3675 | 68.6817 |
| November | 68.7680 | 68.3383 | 68.6092 |
| December | 68.8269 | 68.4507 | 68.6476 |