2024 INR to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 INR to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the INR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 253.4904. Conversely, the yearly low was recorded on December 30, dropping to 244.4375.
This high-to-low spread represents a total annual volatility of 9.0529 SLL. From a start-to-finish perspective, comparing the January average rate of 252.3158 to the December average rate of 246.6873, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 253.4904 was down 0.58% compared to the 2023 peak of 254.9720, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 INR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
INR to SLL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 251.9397, compared to 249.2976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6421 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 3.5245 SLL (High: 247.9621 / Low: 244.4375). On the other end, February was the most stable month, with a tight range of 0.6654 SLL (High: 253.0951 / Low: 252.4297).
Growth Streaks & Declines
TrendsNo 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 1.8757 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 252.4653) against the same month in 2023 (average: 214.8034), the exchange rate shifted by +37.6620 (+17.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 253.0725 | 251.6796 | 252.3158 |
| February | 253.0951 | 252.4297 | 252.7327 |
| March | 253.4904 | 250.8219 | 252.4653 |
| April | 251.9629 | 250.6282 | 251.3840 |
| May | 252.4850 | 250.9915 | 251.5550 |
| June | 252.3456 | 250.6019 | 251.1853 |
| July | 251.3076 | 250.3108 | 250.8203 |
| August | 250.4253 | 249.6284 | 249.9819 |
| September | 251.1879 | 249.6571 | 250.2307 |
| October | 250.0004 | 249.2816 | 249.5022 |
| November | 249.3814 | 247.9797 | 248.5630 |
| December | 247.9621 | 244.4375 | 246.6873 |