YEARLY HIGH
0.0436 QAR
YEARLY LOW
0.0321 QAR
YEARLY AVERAGE
0.0394 QAR

2024 RUB to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.0436. Conversely, the yearly low was recorded on December 31, dropping to 0.0321.

This high-to-low spread represents a total annual volatility of 0.0116 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0408 to the December average rate of 0.0351, the exchange rate registered a net change of -13.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0436 was down 20.90% compared to the 2023 peak of 0.0551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 218 QAR
2023 Average 216 QAR
Yearly Trough Low 160 QAR
Transaction Impact: A difference of 57.82 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0424
0.0345
JanuMarcMayJulySeptNove

RUB 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 0.0401, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0401
H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0057 QAR (High: 0.0380 / Low: 0.0322). On the other end, March was the most stable month, with a tight range of 0.0010 QAR (High: 0.0401 / Low: 0.0392).

November Spread (Volatile) ±0.0057
March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0414) against the same month in 2023 (average: 0.0437), the exchange rate shifted by -0.0023 (-5.36%).

2024 Avg (June) 0.0414
2023 Avg (June) 0.0437

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0415 0.0396 0.0408
February 0.0405 0.0384 0.0397
March 0.0401 0.0392 0.0396
April 0.0397 0.0387 0.0392
May 0.0413 0.0390 0.0400
June 0.0436 0.0403 0.0414
July 0.0429 0.0410 0.0417
August 0.0429 0.0396 0.0409
September 0.0416 0.0386 0.0399
October 0.0386 0.0373 0.0379
November 0.0380 0.0322 0.0361
December 0.0368 0.0321 0.0351