YEARLY HIGH
0.0327 XCD
YEARLY LOW
0.0315 XCD
YEARLY AVERAGE
0.0323 XCD

2024 INR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0327. Conversely, the yearly low was recorded on December 30, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0012 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0325 to the December average rate of 0.0318, 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 0.0327 was down 2.11% compared to the 2023 peak of 0.0334, 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 8,167 XCD
2023 Average 8,183 XCD
Yearly Trough Low 7,876 XCD
Transaction Impact: A difference of 291.68 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0327
0.0317
JanuMarcMayJulySeptNove

INR to XCD 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 0.0325, compared to 0.0321 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) 0.0325
H2 Avg (Jul–Dec) 0.0321

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0005 XCD (High: 0.0320 / Low: 0.0315). On the other end, February was the most stable month, with a tight range of 0.0001 XCD (High: 0.0326 / Low: 0.0325).

December Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No 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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0325) against the same month in 2023 (average: 0.0329), the exchange rate shifted by -0.0003 (-0.99%).

2024 Avg (March) 0.0325
2023 Avg (March) 0.0329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0326 0.0324 0.0325
February 0.0326 0.0325 0.0326
March 0.0327 0.0323 0.0325
April 0.0325 0.0323 0.0324
May 0.0325 0.0323 0.0324
June 0.0325 0.0323 0.0324
July 0.0324 0.0323 0.0323
August 0.0323 0.0322 0.0322
September 0.0324 0.0322 0.0322
October 0.0322 0.0321 0.0322
November 0.0321 0.0320 0.0320
December 0.0320 0.0315 0.0318