2024 SYP to QAR Historical Review

YEARLY HIGH

0.0015 QAR

YEARLY LOW

0.0003 QAR

YEARLY AVERAGE

0.0014 QAR

2024 SYP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0015. Conversely, the yearly low was recorded on December 22, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 0.0012 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0010, the exchange rate registered a net change of -28.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0015 was up 0.00% compared to the 2023 peak of 0.0015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 QAR

2023 Average 7 QAR

Yearly Trough Low 1 QAR

Transaction Impact: A difference of 5.93 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0015

0.0010

JanuMarcMayJulySeptNove

SYP 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 0.0014, compared to 0.0014 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) 0.0014

H2 Avg (Jul–Dec) 0.0014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0012 QAR (High: 0.0015 / Low: 0.0003). On the other end, September was the most stable month, with a tight range of 0.0000 QAR (High: 0.0015 / Low: 0.0014).

December Spread (Volatile) ±0.0012

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and June, 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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0015) against the same month in 2023 (average: 0.0015), the exchange rate shifted by -0.0000 (-0.09%).

2024 Avg (February) 0.0015

2023 Avg (February) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0015	0.0014	0.0015
February	0.0015	0.0014	0.0015
March	0.0015	0.0014	0.0014
April	0.0015	0.0014	0.0014
May	0.0015	0.0014	0.0015
June	0.0015	0.0014	0.0015
July	0.0015	0.0014	0.0015
August	0.0015	0.0014	0.0014
September	0.0015	0.0014	0.0014
October	0.0015	0.0014	0.0015
November	0.0015	0.0014	0.0014
December	0.0015	0.0003	0.0010