2024 CAD to QAR Historical Review

YEARLY HIGH

2.7607 QAR

YEARLY LOW

2.5199 QAR

YEARLY AVERAGE

2.6591 QAR

2024 CAD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.7607. Conversely, the yearly low was recorded on December 26, dropping to 2.5199.

This high-to-low spread represents a total annual volatility of 0.2408 QAR. From a start-to-finish perspective, comparing the January average rate of 2.7152 to the December average rate of 2.5545, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7607 was down 0.58% compared to the 2023 peak of 2.7766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,803 QAR

2023 Average 13,495 QAR

Yearly Trough Low 12,599 QAR

Transaction Impact: A difference of 1,203.90 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7313

2.5384

JanuMarcMayJulySeptNove

CAD 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 2.6820, compared to 2.6362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0458 points.

H1 Avg (Jan–Jun) 2.6820

H2 Avg (Jul–Dec) 2.6362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1038 QAR (High: 2.7081 / Low: 2.6043). On the other end, May was the most stable month, with a tight range of 0.0310 QAR (High: 2.6822 / Low: 2.6512).

August Spread (Volatile) ±0.1038

May Spread (Stable) ±0.0310

Growth Streaks & Declines

Trends

Between July and September, 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 November and December, when the average rate fell by 0.0506 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.7152) against the same month in 2023 (average: 2.7154), the exchange rate shifted by -0.0002 (-0.01%).

2024 Avg (January) 2.7152

2023 Avg (January) 2.7154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7607	2.6917	2.7152
February	2.7337	2.6814	2.7001
March	2.7047	2.6660	2.6894
April	2.6925	2.6348	2.6627
May	2.6822	2.6512	2.6656
June	2.6744	2.6431	2.6587
July	2.6797	2.6292	2.6569
August	2.7081	2.6043	2.6626
September	2.7136	2.6758	2.6888
October	2.6983	2.6132	2.6491
November	2.6321	2.5821	2.6051
December	2.5980	2.5199	2.5545

2024 CAD నుండి QAR చారిత్రక సమీక్ష