YEARLY HIGH
0.0970 QAR
YEARLY LOW
0.0814 QAR
YEARLY AVERAGE
0.0908 QAR

2024 UYU to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UYU to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0970. Conversely, the yearly low was recorded on December 20, dropping to 0.0814.

This high-to-low spread represents a total annual volatility of 0.0156 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0930 to the December average rate of 0.0828, the exchange rate registered a net change of -10.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0970 was down 0.41% compared to the 2023 peak of 0.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 485 QAR
2023 Average 469 QAR
Yearly Trough Low 407 QAR
Transaction Impact: A difference of 77.84 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0960
0.0816
JanuMarcMayJulySeptNove

UYU 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 0.0939, compared to 0.0877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.0939
H2 Avg (Jul–Dec) 0.0877

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0045 QAR (High: 0.0907 / Low: 0.0862). On the other end, August was the most stable month, with a tight range of 0.0012 QAR (High: 0.0907 / Low: 0.0895).

September Spread (Volatile) ±0.0045
August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and April, 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 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0947) against the same month in 2023 (average: 0.0933), the exchange rate shifted by +0.0014 (+1.51%).

2024 Avg (March) 0.0947
2023 Avg (March) 0.0933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0940 0.0923 0.0930
February 0.0942 0.0928 0.0931
March 0.0970 0.0932 0.0947
April 0.0969 0.0936 0.0948
May 0.0953 0.0940 0.0947
June 0.0945 0.0918 0.0930
July 0.0913 0.0900 0.0907
August 0.0907 0.0895 0.0902
September 0.0907 0.0862 0.0889
October 0.0888 0.0869 0.0876
November 0.0878 0.0848 0.0860
December 0.0848 0.0814 0.0828