YEARLY HIGH
0.3924 TWD
YEARLY LOW
0.3688 TWD
YEARLY AVERAGE
0.3836 TWD

2024 INR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.3924. Conversely, the yearly low was recorded on January 1, dropping to 0.3688.

This high-to-low spread represents a total annual volatility of 0.0236 TWD. From a start-to-finish perspective, comparing the January average rate of 0.3753 to the December average rate of 0.3832, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3924 was up 0.72% compared to the 2023 peak of 0.3896, 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 98,102 TWD
2023 Average 94,302 TWD
Yearly Trough Low 92,195 TWD
Transaction Impact: A difference of 5,906.36 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3918
0.3738
JanuMarcMayJulySeptNove

INR to TWD 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 0.3831, compared to 0.3841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.3831
H2 Avg (Jul–Dec) 0.3841

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0118 TWD (High: 0.3909 / Low: 0.3790). On the other end, December was the most stable month, with a tight range of 0.0033 TWD (High: 0.3847 / Low: 0.3814).

August Spread (Volatile) ±0.0118
December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between January and April, 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 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.3903) against the same month in 2023 (average: 0.3795), the exchange rate shifted by +0.0109 (+2.86%).

2024 Avg (July) 0.3903
2023 Avg (July) 0.3795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3796 0.3688 0.3753
February 0.3819 0.3758 0.3788
March 0.3838 0.3790 0.3814
April 0.3917 0.3836 0.3878
May 0.3900 0.3840 0.3874
June 0.3901 0.3857 0.3880
July 0.3924 0.3880 0.3903
August 0.3909 0.3790 0.3843
September 0.3833 0.3773 0.3813
October 0.3845 0.3791 0.3819
November 0.3859 0.3785 0.3833
December 0.3847 0.3814 0.3832