2024 INR to LRD Historical Review

YEARLY HIGH

2.3963 LRD

YEARLY LOW

2.1127 LRD

YEARLY AVERAGE

2.2877 LRD

2024 INR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 2.3963. Conversely, the yearly low was recorded on December 9, dropping to 2.1127.

This high-to-low spread represents a total annual volatility of 0.2836 LRD. From a start-to-finish perspective, comparing the January average rate of 2.2758 to the December average rate of 2.1243, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3963 was up 5.39% compared to the 2023 peak of 2.2738, 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 599,068 LRD

2023 Average 528,861 LRD

Yearly Trough Low 528,180 LRD

Transaction Impact: A difference of 70,888.21 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3548

2.1034

JanuMarcMayJulySeptNove

INR to LRD 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 2.3076, compared to 2.2678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 2.3076

H2 Avg (Jul–Dec) 2.2678

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1650 LRD (High: 2.2838 / Low: 2.1187). On the other end, July was the most stable month, with a tight range of 0.0129 LRD (High: 2.3358 / Low: 2.3229).

November Spread (Volatile) ±0.1650

July Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0994 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.3338) against the same month in 2023 (average: 2.2439), the exchange rate shifted by +0.0899 (+4.01%).

2024 Avg (September) 2.3338

2023 Avg (September) 2.2439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2877	2.2624	2.2758
February	2.3108	2.2891	2.2957
March	2.3276	2.3043	2.3169
April	2.3210	2.2470	2.3106
May	2.3308	2.3155	2.3220
June	2.3325	2.3164	2.3248
July	2.3358	2.3229	2.3314
August	2.3719	2.3192	2.3313
September	2.3963	2.3112	2.3338
October	2.3102	2.2826	2.2928
November	2.2838	2.1187	2.1934
December	2.1502	2.1127	2.1243