YEARLY HIGH
0.3464 QAR
YEARLY LOW
0.3316 QAR
YEARLY AVERAGE
0.3379 QAR

2024 TJS to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TJS to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.3464. Conversely, the yearly low was recorded on March 18, dropping to 0.3316.

This high-to-low spread represents a total annual volatility of 0.0147 QAR. From a start-to-finish perspective, comparing the January average rate of 0.3335 to the December average rate of 0.3338, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3464 was down 4.96% compared to the 2023 peak of 0.3644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,732 QAR
2023 Average 1,687 QAR
Yearly Trough Low 1,658 QAR
Transaction Impact: A difference of 73.61 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3441
0.3317
JanuMarcMayJulySeptNove

TJS 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 0.3349, compared to 0.3408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.3349
H2 Avg (Jul–Dec) 0.3408

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0099 QAR (High: 0.3437 / Low: 0.3338). On the other end, April was the most stable month, with a tight range of 0.0018 QAR (High: 0.3340 / Low: 0.3322).

November Spread (Volatile) ±0.0099
April Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0076 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3430) against the same month in 2023 (average: 0.3320), the exchange rate shifted by +0.0110 (+3.32%).

2024 Avg (August) 0.3430
2023 Avg (August) 0.3320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3344 0.3321 0.3335
February 0.3340 0.3322 0.3329
March 0.3337 0.3316 0.3328
April 0.3340 0.3322 0.3332
May 0.3403 0.3333 0.3359
June 0.3443 0.3372 0.3410
July 0.3441 0.3402 0.3425
August 0.3464 0.3403 0.3430
September 0.3430 0.3411 0.3421
October 0.3431 0.3412 0.3421
November 0.3437 0.3338 0.3414
December 0.3349 0.3324 0.3338