2024 SCR to QAR Historical Review

YEARLY HIGH

0.2841 QAR

YEARLY LOW

0.2414 QAR

YEARLY AVERAGE

0.2666 QAR

2024 SCR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2841. Conversely, the yearly low was recorded on December 15, dropping to 0.2414.

This high-to-low spread represents a total annual volatility of 0.0428 QAR. From a start-to-finish perspective, comparing the January average rate of 0.2723 to the December average rate of 0.2583, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2841 was down 0.66% compared to the 2023 peak of 0.2860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,421 QAR

2023 Average 1,356 QAR

Yearly Trough Low 1,207 QAR

Transaction Impact: A difference of 213.82 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2737

0.2568

JanuMarcMayJulySeptNove

SCR 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 0.2683, compared to 0.2649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.2683

H2 Avg (Jul–Dec) 0.2649

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0423 QAR (High: 0.2840 / Low: 0.2417). On the other end, May was the most stable month, with a tight range of 0.0082 QAR (High: 0.2713 / Low: 0.2631).

August Spread (Volatile) ±0.0423

May Spread (Stable) ±0.0082

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 November and December, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2709) against the same month in 2023 (average: 0.2772), the exchange rate shifted by -0.0063 (-2.27%).

2024 Avg (September) 0.2709

2023 Avg (September) 0.2772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2789	0.2623	0.2723
February	0.2762	0.2636	0.2708
March	0.2732	0.2557	0.2680
April	0.2715	0.2534	0.2681
May	0.2713	0.2631	0.2668
June	0.2685	0.2480	0.2639
July	0.2698	0.2586	0.2642
August	0.2840	0.2417	0.2651
September	0.2841	0.2609	0.2709
October	0.2785	0.2423	0.2660
November	0.2721	0.2546	0.2650
December	0.2737	0.2414	0.2583