2024 INR to GMD Historical Review

YEARLY HIGH

0.8501 GMD

YEARLY LOW

0.8043 GMD

YEARLY AVERAGE

0.8223 GMD

2024 INR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.8501. Conversely, the yearly low was recorded on October 8, dropping to 0.8043.

This high-to-low spread represents a total annual volatility of 0.0458 GMD. From a start-to-finish perspective, comparing the January average rate of 0.8097 to the December average rate of 0.8448, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8501 was up 4.66% compared to the 2023 peak of 0.8122, 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 212,522 GMD

2023 Average 188,603 GMD

Yearly Trough Low 201,070 GMD

Transaction Impact: A difference of 11,451.91 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8483

0.8062

JanuMarcMayJulySeptNove

INR to GMD 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 0.8135, compared to 0.8311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.8135

H2 Avg (Jul–Dec) 0.8311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0346 GMD (High: 0.8389 / Low: 0.8043). On the other end, April was the most stable month, with a tight range of 0.0047 GMD (High: 0.8159 / Low: 0.8112).

October Spread (Volatile) ±0.0346

April Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.8434) against the same month in 2023 (average: 0.8034), the exchange rate shifted by +0.0400 (+4.98%).

2024 Avg (November) 0.8434

2023 Avg (November) 0.8034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8119	0.8068	0.8097
February	0.8198	0.8116	0.8148
March	0.8214	0.8122	0.8179
April	0.8159	0.8112	0.8139
May	0.8161	0.8112	0.8130
June	0.8153	0.8100	0.8117
July	0.8302	0.8090	0.8113
August	0.8460	0.8224	0.8326
September	0.8460	0.8177	0.8302
October	0.8389	0.8043	0.8243
November	0.8501	0.8353	0.8434
December	0.8489	0.8380	0.8448