YEARLY HIGH
0.9975 INR
YEARLY LOW
0.9250 INR
YEARLY AVERAGE
0.9608 INR

2024 KGS to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 0.9975. Conversely, the yearly low was recorded on March 7, dropping to 0.9250.

This high-to-low spread represents a total annual volatility of 0.0725 INR. From a start-to-finish perspective, comparing the January average rate of 0.9311 to the December average rate of 0.9781, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9975 was up 1.45% compared to the 2023 peak of 0.9833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KGS based on timing:

Yearly Peak High 4,988 INR
2023 Average 4,700 INR
Yearly Trough Low 4,625 INR
Transaction Impact: A difference of 362.70 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0003
0.9214
JanuMarcMayJulySeptNove

KGS to INR 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 0.9379, compared to 0.9837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0458 points.

H1 Avg (Jan–Jun) 0.9379
H2 Avg (Jul–Dec) 0.9837

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0306 INR (High: 0.9970 / Low: 0.9663). On the other end, February was the most stable month, with a tight range of 0.0028 INR (High: 0.9293 / Low: 0.9264).

July Spread (Volatile) ±0.0306
February Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0086 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.9937) against the same month in 2023 (average: 0.9379), the exchange rate shifted by +0.0558 (+5.95%).

2024 Avg (September) 0.9937
2023 Avg (September) 0.9379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9353 0.9277 0.9311
February 0.9293 0.9264 0.9279
March 0.9340 0.9250 0.9283
April 0.9416 0.9324 0.9366
May 0.9517 0.9402 0.9446
June 0.9666 0.9475 0.9586
July 0.9970 0.9663 0.9832
August 0.9969 0.9780 0.9849
September 0.9975 0.9876 0.9937
October 0.9957 0.9800 0.9851
November 0.9808 0.9707 0.9771
December 0.9861 0.9743 0.9781