2024 INR to CNY Historical Review

YEARLY HIGH

0.0872 CNY

YEARLY LOW

0.0835 CNY

YEARLY AVERAGE

0.0858 CNY

2024 INR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0872. Conversely, the yearly low was recorded on October 6, dropping to 0.0835.

This high-to-low spread represents a total annual volatility of 0.0036 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0856 to the December average rate of 0.0857, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0872 was down 1.41% compared to the 2023 peak of 0.0884, 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 21,793 CNY

2023 Average 21,417 CNY

Yearly Trough Low 20,881 CNY

Transaction Impact: A difference of 911.51 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0870

0.0841

JanuMarcMayJulySeptNove

INR to CNY 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 0.0863, compared to 0.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0863

H2 Avg (Jul–Dec) 0.0853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0024 CNY (High: 0.0871 / Low: 0.0847). On the other end, December was the most stable month, with a tight range of 0.0009 CNY (High: 0.0860 / Low: 0.0851).

May Spread (Volatile) ±0.0024

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and April, 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 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0864) against the same month in 2023 (average: 0.0871), the exchange rate shifted by -0.0006 (-0.71%).

2024 Avg (June) 0.0864

2023 Avg (June) 0.0871

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0866	0.0851	0.0856
February	0.0869	0.0856	0.0863
March	0.0870	0.0860	0.0866
April	0.0870	0.0851	0.0867
May	0.0871	0.0847	0.0860
June	0.0872	0.0848	0.0864
July	0.0871	0.0855	0.0868
August	0.0865	0.0846	0.0852
September	0.0848	0.0837	0.0844
October	0.0848	0.0835	0.0844
November	0.0860	0.0844	0.0854
December	0.0860	0.0851	0.0857