2024 INR to CVE Historical Review

YEARLY HIGH

1.2545 CVE

YEARLY LOW

1.1754 CVE

YEARLY AVERAGE

1.2191 CVE

2024 INR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.2545. Conversely, the yearly low was recorded on August 25, dropping to 1.1754.

This high-to-low spread represents a total annual volatility of 0.0791 CVE. From a start-to-finish perspective, comparing the January average rate of 1.2170 to the December average rate of 1.2380, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2545 was down 1.73% compared to the 2023 peak of 1.2765, 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 313,614 CVE

2023 Average 309,094 CVE

Yearly Trough Low 293,838 CVE

Transaction Impact: A difference of 19,776.04 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2432

1.1808

JanuMarcMayJulySeptNove

INR to CVE 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 1.2263, compared to 1.2119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 1.2263

H2 Avg (Jul–Dec) 1.2119

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0515 CVE (High: 1.2545 / Low: 1.2029). On the other end, September was the most stable month, with a tight range of 0.0140 CVE (High: 1.1924 / Low: 1.1785).

November Spread (Volatile) ±0.0515

September Spread (Stable) ±0.0140

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 0.0204 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.2300) against the same month in 2023 (average: 1.2280), the exchange rate shifted by +0.0020 (+0.16%).

2024 Avg (November) 1.2300

2023 Avg (November) 1.2280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2258	1.1998	1.2170
February	1.2412	1.2263	1.2326
March	1.2342	1.2141	1.2227
April	1.2459	1.2181	1.2315
May	1.2428	1.2149	1.2256
June	1.2380	1.2135	1.2286
July	1.2350	1.2053	1.2164
August	1.2242	1.1754	1.1960
September	1.1924	1.1785	1.1860
October	1.2175	1.1861	1.2053
November	1.2545	1.2029	1.2300
December	1.2507	1.2294	1.2380