2024 INR to CDF Historical Review

YEARLY HIGH

34.3670 CDF

YEARLY LOW

32.0010 CDF

YEARLY AVERAGE

33.6436 CDF

2024 INR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 34.3670. Conversely, the yearly low was recorded on January 20, dropping to 32.0010.

This high-to-low spread represents a total annual volatility of 2.3660 CDF. From a start-to-finish perspective, comparing the January average rate of 32.7508 to the December average rate of 33.5771, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.3670 was up 2.30% compared to the 2023 peak of 33.5936, 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 8,591,744 CDF

2023 Average 7,072,909 CDF

Yearly Trough Low 8,000,255 CDF

Transaction Impact: A difference of 591,488.89 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.1421

32.6243

JanuMarcMayJulySeptNove

INR to CDF 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 33.3825, compared to 33.9047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5221 points.

H1 Avg (Jan–Jun) 33.3825

H2 Avg (Jul–Dec) 33.9047

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.1153 CDF (High: 33.1163 / Low: 32.0010). On the other end, November was the most stable month, with a tight range of 0.3310 CDF (High: 34.0657 / Low: 33.7347).

January Spread (Volatile) ±1.1153

November Spread (Stable) ±0.3310

Growth Streaks & Declines

Trends

Between January and July, 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 November and December, when the average rate fell by 0.3323 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 34.0156) against the same month in 2023 (average: 30.0404), the exchange rate shifted by +3.9752 (+13.23%).

2024 Avg (July) 34.0156

2023 Avg (July) 30.0404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.1163	32.0010	32.7508
February	33.3890	33.0423	33.2200
March	33.5592	33.0477	33.4007
April	33.8214	33.1945	33.4655
May	33.8602	33.3158	33.5356
June	34.1711	33.4945	33.9226
July	34.3670	33.7693	34.0156
August	34.3212	33.5124	33.9628
September	34.2226	33.7262	33.9891
October	34.2232	33.7667	33.9740
November	34.0657	33.7347	33.9094
December	33.9074	33.1386	33.5771