2024 INR to TOP Historical Review

YEARLY HIGH

0.0289 TOP

YEARLY LOW

0.0278 TOP

YEARLY AVERAGE

0.0283 TOP

2024 INR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.0289. Conversely, the yearly low was recorded on October 1, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0011 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0283 to the December average rate of 0.0282, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0289 was down 0.11% compared to the 2023 peak of 0.0290, 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 7,235 TOP

2023 Average 7,152 TOP

Yearly Trough Low 6,955 TOP

Transaction Impact: A difference of 279.71 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0286

0.0279

JanuMarcMayJulySeptNove

INR to TOP 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 0.0284, compared to 0.0282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0284

H2 Avg (Jul–Dec) 0.0282

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0006 TOP (High: 0.0285 / Low: 0.0279). On the other end, November was the most stable month, with a tight range of 0.0002 TOP (High: 0.0285 / Low: 0.0282).

August Spread (Volatile) ±0.0006

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0286) against the same month in 2023 (average: 0.0287), the exchange rate shifted by -0.0001 (-0.46%).

2024 Avg (April) 0.0286

2023 Avg (April) 0.0287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0285	0.0280	0.0283
February	0.0288	0.0285	0.0285
March	0.0286	0.0283	0.0285
April	0.0289	0.0284	0.0286
May	0.0286	0.0283	0.0284
June	0.0284	0.0281	0.0283
July	0.0285	0.0282	0.0283
August	0.0285	0.0279	0.0282
September	0.0281	0.0278	0.0280
October	0.0283	0.0278	0.0281
November	0.0285	0.0282	0.0283
December	0.0283	0.0279	0.0282