2024 DJF to INR Historical Review

YEARLY HIGH

0.4824 INR

YEARLY LOW

0.4619 INR

YEARLY AVERAGE

0.4706 INR

2024 DJF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4824. Conversely, the yearly low was recorded on February 4, dropping to 0.4619.

This high-to-low spread represents a total annual volatility of 0.0205 INR. From a start-to-finish perspective, comparing the January average rate of 0.4671 to the December average rate of 0.4779, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4824 was up 2.44% compared to the 2023 peak of 0.4709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,412 INR

2023 Average 2,322 INR

Yearly Trough Low 2,310 INR

Transaction Impact: A difference of 102.54 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4791

0.4651

JanuMarcMayJulySeptNove

DJF 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 0.4681, compared to 0.4731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.4681

H2 Avg (Jul–Dec) 0.4731

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0075 INR (High: 0.4824 / Low: 0.4750). On the other end, July was the most stable month, with a tight range of 0.0029 INR (High: 0.4713 / Low: 0.4684).

December Spread (Volatile) ±0.0075

July Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0013 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4779) against the same month in 2023 (average: 0.4674), the exchange rate shifted by +0.0105 (+2.25%).

2024 Avg (December) 0.4779

2023 Avg (December) 0.4674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4691	0.4653	0.4671
February	0.4673	0.4619	0.4663
March	0.4717	0.4643	0.4673
April	0.4707	0.4672	0.4691
May	0.4731	0.4664	0.4692
June	0.4721	0.4661	0.4695
July	0.4713	0.4684	0.4702
August	0.4747	0.4698	0.4723
September	0.4729	0.4676	0.4710
October	0.4750	0.4699	0.4726
November	0.4764	0.4713	0.4744
December	0.4824	0.4750	0.4779