YEARLY HIGH
0.0164 BND
YEARLY LOW
0.0153 BND
YEARLY AVERAGE
0.0160 BND

2024 INR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0164. Conversely, the yearly low was recorded on September 30, dropping to 0.0153.

This high-to-low spread represents a total annual volatility of 0.0011 BND. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0159, the exchange rate registered a net change of -1.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0164 was down 1.08% compared to the 2023 peak of 0.0165, 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 4,091 BND
2023 Average 4,065 BND
Yearly Trough Low 3,820 BND
Transaction Impact: A difference of 270.31 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0163
0.0154
JanuMarcMayJulySeptNove

INR to BND 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 0.0162, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 BND (High: 0.0160 / Low: 0.0155). On the other end, June was the most stable month, with a tight range of 0.0002 BND (High: 0.0163 / Low: 0.0161).

August Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0162) against the same month in 2023 (average: 0.0163), the exchange rate shifted by -0.0001 (-0.33%).

2024 Avg (May) 0.0162
2023 Avg (May) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0162 0.0159 0.0161
February 0.0163 0.0161 0.0162
March 0.0162 0.0161 0.0161
April 0.0164 0.0161 0.0163
May 0.0164 0.0161 0.0162
June 0.0163 0.0161 0.0162
July 0.0163 0.0160 0.0161
August 0.0160 0.0155 0.0157
September 0.0156 0.0153 0.0155
October 0.0158 0.0153 0.0156
November 0.0160 0.0156 0.0158
December 0.0160 0.0158 0.0159