YEARLY HIGH
0.4103 INR
YEARLY LOW
0.3871 INR
YEARLY AVERAGE
0.3999 INR

2024 GYD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.4103. Conversely, the yearly low was recorded on March 13, dropping to 0.3871.

This high-to-low spread represents a total annual volatility of 0.0232 INR. From a start-to-finish perspective, comparing the January average rate of 0.3971 to the December average rate of 0.4065, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4103 was up 2.39% compared to the 2023 peak of 0.4008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,052 INR
2023 Average 1,965 INR
Yearly Trough Low 1,936 INR
Transaction Impact: A difference of 116.03 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4075
0.3954
JanuMarcMayJulySeptNove

GYD 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 0.3977, compared to 0.4021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.3977
H2 Avg (Jul–Dec) 0.4021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0143 INR (High: 0.4014 / Low: 0.3871). On the other end, July was the most stable month, with a tight range of 0.0019 INR (High: 0.4005 / Low: 0.3986).

March Spread (Volatile) ±0.0143
July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4065) against the same month in 2023 (average: 0.3974), the exchange rate shifted by +0.0091 (+2.30%).

2024 Avg (December) 0.4065
2023 Avg (December) 0.3974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3987 0.3960 0.3971
February 0.3971 0.3931 0.3964
March 0.4014 0.3871 0.3968
April 0.4003 0.3974 0.3986
May 0.4002 0.3968 0.3985
June 0.4005 0.3966 0.3990
July 0.4005 0.3986 0.3997
August 0.4039 0.3999 0.4013
September 0.4024 0.3990 0.4005
October 0.4024 0.4000 0.4015
November 0.4053 0.4011 0.4032
December 0.4103 0.4044 0.4065