2024 SRD to QAR Historical Review

YEARLY HIGH

0.1270 QAR

YEARLY LOW

0.0986 QAR

YEARLY AVERAGE

0.1106 QAR

2024 SRD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.1270. Conversely, the yearly low was recorded on January 18, dropping to 0.0986.

This high-to-low spread represents a total annual volatility of 0.0285 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0993 to the December average rate of 0.1034, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1270 was up 9.93% compared to the 2023 peak of 0.1156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 635 QAR

2023 Average 499 QAR

Yearly Trough Low 493 QAR

Transaction Impact: A difference of 142.26 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1291

0.0966

JanuMarcMayJulySeptNove

SRD 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 0.1061, compared to 0.1152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.1061

H2 Avg (Jul–Dec) 0.1152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0129 QAR (High: 0.1188 / Low: 0.1060). On the other end, December was the most stable month, with a tight range of 0.0012 QAR (High: 0.1040 / Low: 0.1028).

October Spread (Volatile) ±0.0129

December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0105 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1264) against the same month in 2023 (average: 0.0952), the exchange rate shifted by +0.0311 (+32.71%).

2024 Avg (August) 0.1264

2023 Avg (August) 0.0952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1000	0.0986	0.0993
February	0.1032	0.0991	0.1008
March	0.1045	0.1026	0.1034
April	0.1078	0.1038	0.1052
May	0.1134	0.1077	0.1117
June	0.1192	0.1130	0.1162
July	0.1265	0.1181	0.1228
August	0.1270	0.1253	0.1264
September	0.1261	0.1186	0.1227
October	0.1188	0.1060	0.1122
November	0.1059	0.1025	0.1035
December	0.1040	0.1028	0.1034