2024 SBD to QAR Historical Review

YEARLY HIGH

0.4411 QAR

YEARLY LOW

0.4162 QAR

YEARLY AVERAGE

0.4325 QAR

2024 SBD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.4411. Conversely, the yearly low was recorded on March 12, dropping to 0.4162.

This high-to-low spread represents a total annual volatility of 0.0249 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4326 to the December average rate of 0.4347, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4411 was down 1.80% compared to the 2023 peak of 0.4492, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,206 QAR

2023 Average 2,183 QAR

Yearly Trough Low 2,081 QAR

Transaction Impact: A difference of 124.62 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4397

0.4282

JanuMarcMayJulySeptNove

SBD 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 0.4306, compared to 0.4344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.4306

H2 Avg (Jul–Dec) 0.4344

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0170 QAR (High: 0.4332 / Low: 0.4162). On the other end, May was the most stable month, with a tight range of 0.0030 QAR (High: 0.4309 / Low: 0.4278).

March Spread (Volatile) ±0.0170

May Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4388) against the same month in 2023 (average: 0.4320), the exchange rate shifted by +0.0068 (+1.57%).

2024 Avg (October) 0.4388

2023 Avg (October) 0.4320

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4360	0.4308	0.4326
February	0.4371	0.4279	0.4310
March	0.4332	0.4162	0.4302
April	0.4314	0.4260	0.4296
May	0.4309	0.4278	0.4294
June	0.4329	0.4290	0.4306
July	0.4332	0.4297	0.4313
August	0.4333	0.4256	0.4291
September	0.4392	0.4300	0.4368
October	0.4411	0.4360	0.4388
November	0.4388	0.4338	0.4357
December	0.4370	0.4331	0.4347