2024 XCD to QAR Historical Review

YEARLY HIGH

1.3626 QAR

YEARLY LOW

1.3371 QAR

YEARLY AVERAGE

1.3479 QAR

2024 XCD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 1.3626. Conversely, the yearly low was recorded on August 3, dropping to 1.3371.

This high-to-low spread represents a total annual volatility of 0.0255 QAR. From a start-to-finish perspective, comparing the January average rate of 1.3481 to the December average rate of 1.3479, 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 1.3626 was up 0.00% compared to the 2023 peak of 1.3626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,813 QAR

2023 Average 6,741 QAR

Yearly Trough Low 6,686 QAR

Transaction Impact: A difference of 127.60 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.3490

1.3461

JanuMarcMayJulySeptNove

XCD 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 1.3480, compared to 1.3479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 1.3480

H2 Avg (Jul–Dec) 1.3479

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0156 QAR (High: 1.3626 / Low: 1.3471). On the other end, September was the most stable month, with a tight range of 0.0034 QAR (High: 1.3503 / Low: 1.3469).

February Spread (Volatile) ±0.0156

September Spread (Stable) ±0.0034

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 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.3482) against the same month in 2023 (average: 1.3495), the exchange rate shifted by -0.0012 (-0.09%).

2024 Avg (February) 1.3482

2023 Avg (February) 1.3495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3529	1.3468	1.3481
February	1.3626	1.3471	1.3482
March	1.3505	1.3441	1.3475
April	1.3525	1.3461	1.3478
May	1.3526	1.3424	1.3481
June	1.3586	1.3462	1.3483
July	1.3509	1.3465	1.3483
August	1.3506	1.3371	1.3464
September	1.3503	1.3469	1.3479
October	1.3547	1.3471	1.3487
November	1.3530	1.3462	1.3479
December	1.3509	1.3435	1.3479