YEARLY HIGH
0.0348 QAR
YEARLY LOW
0.0323 QAR
YEARLY AVERAGE
0.0337 QAR

2024 RSD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0348. Conversely, the yearly low was recorded on December 31, dropping to 0.0323.

This high-to-low spread represents a total annual volatility of 0.0026 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0339 to the December average rate of 0.0326, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0348 was down 0.36% compared to the 2023 peak of 0.0349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RSD based on timing:

Yearly Peak High 174 QAR
2023 Average 168 QAR
Yearly Trough Low 161 QAR
Transaction Impact: A difference of 12.81 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0348
0.0324
JanuMarcMayJulySeptNove

RSD to QAR 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 0.0336, compared to 0.0337 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) 0.0336
H2 Avg (Jul–Dec) 0.0337

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0016 QAR (High: 0.0340 / Low: 0.0324). On the other end, March was the most stable month, with a tight range of 0.0005 QAR (High: 0.0340 / Low: 0.0335).

November Spread (Volatile) ±0.0016
March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0343) against the same month in 2023 (average: 0.0339), the exchange rate shifted by +0.0004 (+1.12%).

2024 Avg (August) 0.0343
2023 Avg (August) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0345 0.0336 0.0339
February 0.0339 0.0333 0.0336
March 0.0340 0.0335 0.0338
April 0.0338 0.0330 0.0333
May 0.0339 0.0332 0.0336
June 0.0339 0.0332 0.0335
July 0.0340 0.0334 0.0338
August 0.0348 0.0336 0.0343
September 0.0348 0.0343 0.0346
October 0.0344 0.0335 0.0339
November 0.0340 0.0324 0.0331
December 0.0330 0.0323 0.0326