YEARLY HIGH
0.0312 INR
YEARLY LOW
0.0291 INR
YEARLY AVERAGE
0.0297 INR

2024 CDF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0312. Conversely, the yearly low was recorded on July 11, dropping to 0.0291.

This high-to-low spread represents a total annual volatility of 0.0022 INR. From a start-to-finish perspective, comparing the January average rate of 0.0305 to the December average rate of 0.0298, the exchange rate registered a net change of -2.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0312 was down 23.01% compared to the 2023 peak of 0.0406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 156 INR
2023 Average 178 INR
Yearly Trough Low 145 INR
Transaction Impact: A difference of 10.76 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0307
0.0293
JanuMarcMayJulySeptNove

CDF to INR 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 0.0300, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0300
H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0011 INR (High: 0.0312 / Low: 0.0302). On the other end, November was the most stable month, with a tight range of 0.0003 INR (High: 0.0296 / Low: 0.0294).

January Spread (Volatile) ±0.0011
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0305) against the same month in 2023 (average: 0.0399), the exchange rate shifted by -0.0094 (-23.45%).

2024 Avg (January) 0.0305
2023 Avg (January) 0.0399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0312 0.0302 0.0305
February 0.0303 0.0300 0.0301
March 0.0303 0.0298 0.0299
April 0.0301 0.0296 0.0299
May 0.0300 0.0295 0.0298
June 0.0299 0.0293 0.0295
July 0.0296 0.0291 0.0294
August 0.0298 0.0291 0.0294
September 0.0297 0.0292 0.0294
October 0.0296 0.0292 0.0294
November 0.0296 0.0294 0.0295
December 0.0302 0.0295 0.0298