YEARLY HIGH
0.0444 AED
YEARLY LOW
0.0428 AED
YEARLY AVERAGE
0.0439 AED

2024 INR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0444. Conversely, the yearly low was recorded on December 30, dropping to 0.0428.

This high-to-low spread represents a total annual volatility of 0.0016 AED. From a start-to-finish perspective, comparing the January average rate of 0.0442 to the December average rate of 0.0432, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0444 was down 2.12% compared to the 2023 peak of 0.0454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 11,100 AED
2023 Average 11,121 AED
Yearly Trough Low 10,704 AED
Transaction Impact: A difference of 396.08 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0444
0.0431
JanuMarcMayJulySeptNove

INR to AED 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 0.0441, compared to 0.0437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0441
H2 Avg (Jul–Dec) 0.0437

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0006 AED (High: 0.0434 / Low: 0.0428). On the other end, February was the most stable month, with a tight range of 0.0001 AED (High: 0.0443 / Low: 0.0442).

December Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0442) against the same month in 2023 (average: 0.0447), the exchange rate shifted by -0.0004 (-0.99%).

2024 Avg (March) 0.0442
2023 Avg (March) 0.0447

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0443 0.0441 0.0442
February 0.0443 0.0442 0.0443
March 0.0444 0.0439 0.0442
April 0.0441 0.0439 0.0440
May 0.0442 0.0440 0.0441
June 0.0442 0.0439 0.0440
July 0.0440 0.0438 0.0439
August 0.0439 0.0437 0.0438
September 0.0440 0.0437 0.0438
October 0.0438 0.0437 0.0437
November 0.0437 0.0434 0.0435
December 0.0434 0.0428 0.0432