2024 WST to QAR Historical Review

YEARLY HIGH

1.3152 QAR

YEARLY LOW

1.2906 QAR

YEARLY AVERAGE

1.3010 QAR

2024 WST to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.3152. Conversely, the yearly low was recorded on August 3, dropping to 1.2906.

This high-to-low spread represents a total annual volatility of 0.0246 QAR. From a start-to-finish perspective, comparing the January average rate of 1.3011 to the December average rate of 1.3010, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3152 was down 3.66% compared to the 2023 peak of 1.3651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,576 QAR

2023 Average 6,669 QAR

Yearly Trough Low 6,453 QAR

Transaction Impact: A difference of 123.16 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3020

1.2993

JanuMarcMayJulySeptNove

WST 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 1.3011, compared to 1.3009 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) 1.3011

H2 Avg (Jul–Dec) 1.3009

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0150 QAR (High: 1.3152 / Low: 1.3002). On the other end, September was the most stable month, with a tight range of 0.0033 QAR (High: 1.3033 / Low: 1.3000).

February Spread (Volatile) ±0.0150

September Spread (Stable) ±0.0033

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 July and August, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.3013) against the same month in 2023 (average: 1.3520), the exchange rate shifted by -0.0507 (-3.75%).

2024 Avg (February) 1.3013

2023 Avg (February) 1.3520

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3058	1.2999	1.3011
February	1.3152	1.3002	1.3013
March	1.3035	1.2973	1.3006
April	1.3055	1.2992	1.3009
May	1.3055	1.2957	1.3011
June	1.3113	1.2993	1.3014
July	1.3038	1.2997	1.3014
August	1.3036	1.2906	1.2995
September	1.3033	1.3000	1.3010
October	1.3075	1.3002	1.3018
November	1.3059	1.2994	1.3009
December	1.3039	1.2968	1.3010