YEARLY HIGH
0.0147 QAR
YEARLY LOW
0.0144 QAR
YEARLY AVERAGE
0.0146 QAR

2024 YER to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0147. Conversely, the yearly low was recorded on August 3, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0003 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0146, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0147 was down 0.04% compared to the 2023 peak of 0.0147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 QAR
2023 Average 73 QAR
Yearly Trough Low 72 QAR
Transaction Impact: A difference of 1.38 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0146
0.0145
JanuMarcMayJulySeptNove

YER 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 0.0146, compared to 0.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0146
H2 Avg (Jul–Dec) 0.0146

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0002 QAR (High: 0.0147 / Low: 0.0145). On the other end, September was the most stable month, with a tight range of 0.0000 QAR (High: 0.0146 / Low: 0.0145).

February Spread (Volatile) ±0.0002
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0146) against the same month in 2023 (average: 0.0146), the exchange rate shifted by -0.0000 (-0.07%).

2024 Avg (February) 0.0146
2023 Avg (February) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0145 0.0146
February 0.0147 0.0145 0.0146
March 0.0146 0.0145 0.0145
April 0.0146 0.0145 0.0145
May 0.0146 0.0145 0.0146
June 0.0147 0.0145 0.0146
July 0.0146 0.0145 0.0146
August 0.0146 0.0144 0.0145
September 0.0146 0.0145 0.0146
October 0.0146 0.0145 0.0146
November 0.0146 0.0145 0.0146
December 0.0146 0.0145 0.0146