2024 INR to DJF Historical Review

YEARLY HIGH

2.1649 DJF

YEARLY LOW

2.0729 DJF

YEARLY AVERAGE

2.1252 DJF

2024 INR to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.1649. Conversely, the yearly low was recorded on December 30, dropping to 2.0729.

This high-to-low spread represents a total annual volatility of 0.0920 DJF. From a start-to-finish perspective, comparing the January average rate of 2.1407 to the December average rate of 2.0923, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1649 was down 1.42% compared to the 2023 peak of 2.1961, 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 541,235 DJF

2023 Average 538,458 DJF

Yearly Trough Low 518,227 DJF

Transaction Impact: A difference of 23,008.34 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1498

2.0871

JanuMarcMayJulySeptNove

INR to DJF 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 2.1364, compared to 2.1140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 2.1364

H2 Avg (Jul–Dec) 2.1140

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0337 DJF (High: 2.1536 / Low: 2.1199). On the other end, July was the most stable month, with a tight range of 0.0130 DJF (High: 2.1349 / Low: 2.1219).

March Spread (Volatile) ±0.0337

July Spread (Stable) ±0.0130

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 0.0158 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.1446) against the same month in 2023 (average: 2.1540), the exchange rate shifted by -0.0094 (-0.44%).

2024 Avg (February) 2.1446

2023 Avg (February) 2.1540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1490	2.1317	2.1407
February	2.1649	2.1399	2.1446
March	2.1536	2.1199	2.1401
April	2.1404	2.1243	2.1316
May	2.1440	2.1136	2.1315
June	2.1456	2.1181	2.1299
July	2.1349	2.1219	2.1270
August	2.1285	2.1066	2.1172
September	2.1387	2.1148	2.1231
October	2.1279	2.1054	2.1160
November	2.1218	2.0991	2.1081
December	2.1054	2.0729	2.0923