YEARLY HIGH
0.2168 MDL
YEARLY LOW
0.2056 MDL
YEARLY AVERAGE
0.2119 MDL

2024 INR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.2168. Conversely, the yearly low was recorded on August 29, dropping to 0.2056.

This high-to-low spread represents a total annual volatility of 0.0112 MDL. From a start-to-finish perspective, comparing the January average rate of 0.2120 to the December average rate of 0.2155, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2168 was down 8.06% compared to the 2023 peak of 0.2359, 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 54,211 MDL
2023 Average 54,799 MDL
Yearly Trough Low 51,409 MDL
Transaction Impact: A difference of 2,801.69 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2163
0.2066
JanuMarcMayJulySeptNove

INR to MDL 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 0.2126, compared to 0.2112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2126
H2 Avg (Jul–Dec) 0.2112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0068 MDL (High: 0.2139 / Low: 0.2071). On the other end, May was the most stable month, with a tight range of 0.0024 MDL (High: 0.2134 / Low: 0.2110).

October Spread (Volatile) ±0.0068
May Spread (Stable) ±0.0024

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 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2155) against the same month in 2023 (average: 0.2115), the exchange rate shifted by +0.0040 (+1.89%).

2024 Avg (December) 0.2155
2023 Avg (December) 0.2115

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2139 0.2078 0.2120
February 0.2158 0.2133 0.2145
March 0.2142 0.2112 0.2125
April 0.2148 0.2106 0.2125
May 0.2134 0.2110 0.2118
June 0.2145 0.2100 0.2122
July 0.2136 0.2098 0.2118
August 0.2117 0.2056 0.2084
September 0.2090 0.2059 0.2074
October 0.2139 0.2071 0.2104
November 0.2166 0.2109 0.2139
December 0.2168 0.2139 0.2155