YEARLY HIGH
11.1453 INR
YEARLY LOW
10.5272 INR
YEARLY AVERAGE
10.7804 INR

2024 GTQ to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 11.1453. Conversely, the yearly low was recorded on February 4, dropping to 10.5272.

This high-to-low spread represents a total annual volatility of 0.6181 INR. From a start-to-finish perspective, comparing the January average rate of 10.6307 to the December average rate of 11.0310, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.1453 was up 3.85% compared to the 2023 peak of 10.7318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,727 INR
2023 Average 52,730 INR
Yearly Trough Low 52,636 INR
Transaction Impact: A difference of 3,090.54 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.0718
10.5820
JanuMarcMayJulySeptNove

GTQ 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 10.6842, compared to 10.8767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1924 points.

H1 Avg (Jan–Jun) 10.6842
H2 Avg (Jul–Dec) 10.8767

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1854 INR (High: 11.1453 / Low: 10.9600). On the other end, January was the most stable month, with a tight range of 0.0561 INR (High: 10.6622 / Low: 10.6061).

December Spread (Volatile) ±0.1854
January Spread (Stable) ±0.0561

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 January and February, when the average rate fell by 0.0079 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.0310) against the same month in 2023 (average: 10.6284), the exchange rate shifted by +0.4027 (+3.79%).

2024 Avg (December) 11.0310
2023 Avg (December) 10.6284

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6622 10.6061 10.6307
February 10.6462 10.5272 10.6228
March 10.7670 10.5894 10.6492
April 10.7622 10.6864 10.7220
May 10.7778 10.6940 10.7322
June 10.7920 10.6791 10.7485
July 10.8076 10.7330 10.7740
August 10.9096 10.8025 10.8377
September 10.8878 10.7969 10.8336
October 10.8902 10.8148 10.8609
November 10.9800 10.8554 10.9227
December 11.1453 10.9600 11.0310