YEARLY HIGH
0.4972 UAH
YEARLY LOW
0.4501 UAH
YEARLY AVERAGE
0.4800 UAH

2024 INR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.4972. Conversely, the yearly low was recorded on January 23, dropping to 0.4501.

This high-to-low spread represents a total annual volatility of 0.0470 UAH. From a start-to-finish perspective, comparing the January average rate of 0.4553 to the December average rate of 0.4914, the exchange rate registered a net change of 7.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4972 was up 7.72% compared to the 2023 peak of 0.4616, 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 124,296 UAH
2023 Average 111,420 UAH
Yearly Trough Low 112,537 UAH
Transaction Impact: A difference of 11,759.85 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4962
0.4516
JanuMarcMayJulySeptNove

INR to UAH 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 0.4689, compared to 0.4912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.4689
H2 Avg (Jul–Dec) 0.4912

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0162 UAH (High: 0.4866 / Low: 0.4705). On the other end, October was the most stable month, with a tight range of 0.0029 UAH (High: 0.4927 / Low: 0.4898).

May Spread (Volatile) ±0.0162
October Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.4905) against the same month in 2023 (average: 0.4483), the exchange rate shifted by +0.0422 (+9.42%).

2024 Avg (July) 0.4905
2023 Avg (July) 0.4483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4603 0.4501 0.4553
February 0.4658 0.4518 0.4579
March 0.4717 0.4584 0.4661
April 0.4772 0.4660 0.4721
May 0.4866 0.4705 0.4767
June 0.4889 0.4803 0.4851
July 0.4972 0.4845 0.4905
August 0.4934 0.4881 0.4909
September 0.4968 0.4881 0.4925
October 0.4927 0.4898 0.4911
November 0.4934 0.4879 0.4907
December 0.4945 0.4884 0.4914