2024 EUR to INR Historical Review

YEARLY HIGH

93.8932 INR

YEARLY LOW

87.9679 INR

YEARLY AVERAGE

90.5465 INR

2024 EUR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 93.8932. Conversely, the yearly low was recorded on November 23, dropping to 87.9679.

This high-to-low spread represents a total annual volatility of 5.9254 INR. From a start-to-finish perspective, comparing the January average rate of 90.6737 to the December average rate of 89.0178, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 93.8932 was up 1.51% compared to the 2023 peak of 92.4984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 469,466 INR

2023 Average 446,849 INR

Yearly Trough Low 439,839 INR

Transaction Impact: A difference of 29,626.77 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

93.5138

88.6091

JanuMarcMayJulySeptNove

EUR 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 89.9922, compared to 91.1007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1085 points.

H1 Avg (Jan–Jun) 89.9922

H2 Avg (Jul–Dec) 91.1007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 4.0053 INR (High: 91.9732 / Low: 87.9679). On the other end, March was the most stable month, with a tight range of 1.0222 INR (High: 90.8417 / Low: 89.8195).

November Spread (Volatile) ±4.0053

March Spread (Stable) ±1.0222

Growth Streaks & Declines

Trends

Between June and September, 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 1.9198 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 92.4777) against the same month in 2023 (average: 90.3780), the exchange rate shifted by +2.0997 (+2.32%).

2024 Avg (August) 92.4777

2023 Avg (August) 90.3780

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	91.8279	89.7352	90.6737
February	90.1932	88.9503	89.5639
March	90.8417	89.8195	90.2946
April	90.4654	88.7236	89.4359
May	90.8135	89.3942	90.1409
June	91.0543	89.2674	89.8443
July	91.4321	89.5887	90.7479
August	93.8932	90.3306	92.4777
September	93.5479	92.4792	93.1051
October	92.8063	90.6293	91.5879
November	91.9732	87.9679	89.6681
December	89.6505	88.1474	89.0178