2024 CNY to INR Historical Review

YEARLY HIGH

11.9724 INR

YEARLY LOW

11.4716 INR

YEARLY AVERAGE

11.6588 INR

2024 CNY to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 11.9724. Conversely, the yearly low was recorded on June 29, dropping to 11.4716.

This high-to-low spread represents a total annual volatility of 0.5008 INR. From a start-to-finish perspective, comparing the January average rate of 11.6881 to the December average rate of 11.6742, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.9724 was down 1.76% compared to the 2023 peak of 12.1866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 299,309 INR

2023 Average 291,960 INR

Yearly Trough Low 286,790 INR

Transaction Impact: A difference of 12,518.87 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.8885

11.4877

JanuMarcMayJulySeptNove

CNY 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 11.5939, compared to 11.7238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1300 points.

H1 Avg (Jan–Jun) 11.5939

H2 Avg (Jul–Dec) 11.7238

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.3227 INR (High: 11.8024 / Low: 11.4798). On the other end, December was the most stable month, with a tight range of 0.1287 INR (High: 11.7531 / Low: 11.6243).

May Spread (Volatile) ±0.3227

December Spread (Stable) ±0.1287

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.1471 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 11.8551) against the same month in 2023 (average: 11.4410), the exchange rate shifted by +0.4141 (+3.62%).

2024 Avg (October) 11.8551

2023 Avg (October) 11.4410

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7541	11.5511	11.6881
February	11.6866	11.5117	11.5920
March	11.6346	11.5000	11.5412
April	11.7460	11.4944	11.5402
May	11.8024	11.4798	11.6324
June	11.7906	11.4716	11.5692
July	11.7008	11.4761	11.5211
August	11.8264	11.5608	11.7386
September	11.9448	11.7886	11.8459
October	11.9724	11.7916	11.8551
November	11.8540	11.6276	11.7080
December	11.7531	11.6243	11.6742