2024 INR to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 INR to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the INR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 269.3542. Conversely, the yearly low was recorded on December 30, dropping to 259.7348.
This high-to-low spread represents a total annual volatility of 9.6194 STD. From a start-to-finish perspective, comparing the January average rate of 268.1061 to the December average rate of 262.1253, 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 269.3542 was down 4.44% compared to the 2023 peak of 281.8680, 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 STD 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 267.7064, compared to 264.8990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8075 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 3.7451 STD (High: 263.4799 / Low: 259.7348). On the other end, February was the most stable month, with a tight range of 0.7070 STD (High: 268.9341 / Low: 268.2271).
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 1.9931 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 268.2650) against the same month in 2023 (average: 277.5358), the exchange rate shifted by -9.2708 (-3.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 268.9101 | 267.4300 | 268.1061 |
| February | 268.9341 | 268.2271 | 268.5490 |
| March | 269.3542 | 266.5187 | 268.2650 |
| April | 267.7311 | 266.3129 | 267.1159 |
| May | 268.2859 | 266.6989 | 267.2977 |
| June | 268.1377 | 266.2849 | 266.9049 |
| July | 267.0348 | 265.9756 | 266.5170 |
| August | 266.0972 | 265.2505 | 265.6261 |
| September | 266.9076 | 265.2810 | 265.8905 |
| October | 265.6458 | 264.8819 | 265.1164 |
| November | 264.9880 | 263.4986 | 264.1184 |
| December | 263.4799 | 259.7348 | 262.1253 |