2024 SVC to QAR Historical Review

YEARLY HIGH

0.4197 QAR

YEARLY LOW

0.4132 QAR

YEARLY AVERAGE

0.4164 QAR

2024 SVC to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.4197. Conversely, the yearly low was recorded on August 3, dropping to 0.4132.

This high-to-low spread represents a total annual volatility of 0.0064 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4164 to the December average rate of 0.4164, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4197 was down 0.56% compared to the 2023 peak of 0.4220, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,098 QAR

2023 Average 2,083 QAR

Yearly Trough Low 2,066 QAR

Transaction Impact: A difference of 32.25 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4166

0.4162

JanuMarcMayJulySeptNove

SVC 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 0.4165, compared to 0.4163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.4165

H2 Avg (Jul–Dec) 0.4163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0054 QAR (High: 0.4186 / Low: 0.4132). On the other end, July was the most stable month, with a tight range of 0.0012 QAR (High: 0.4171 / Low: 0.4160).

August Spread (Volatile) ±0.0054

July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.4164) against the same month in 2023 (average: 0.4163), the exchange rate shifted by +0.0001 (+0.03%).

2024 Avg (June) 0.4164

2023 Avg (June) 0.4163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4171	0.4157	0.4164
February	0.4171	0.4160	0.4163
March	0.4178	0.4154	0.4164
April	0.4180	0.4157	0.4166
May	0.4180	0.4146	0.4165
June	0.4197	0.4148	0.4164
July	0.4171	0.4160	0.4165
August	0.4186	0.4132	0.4162
September	0.4173	0.4157	0.4163
October	0.4168	0.4153	0.4163
November	0.4179	0.4149	0.4162
December	0.4171	0.4156	0.4164