2024 LRD to INR Historical Review

YEARLY HIGH

0.4733 INR

YEARLY LOW

0.4173 INR

YEARLY AVERAGE

0.4375 INR

2024 LRD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.4733. Conversely, the yearly low was recorded on September 20, dropping to 0.4173.

This high-to-low spread represents a total annual volatility of 0.0560 INR. From a start-to-finish perspective, comparing the January average rate of 0.4394 to the December average rate of 0.4707, the exchange rate registered a net change of 7.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4733 was down 12.24% compared to the 2023 peak of 0.5393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,367 INR

2023 Average 2,375 INR

Yearly Trough Low 2,087 INR

Transaction Impact: A difference of 280.04 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4750

0.4243

JanuMarcMayJulySeptNove

LRD 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 0.4334, compared to 0.4416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.4334

H2 Avg (Jul–Dec) 0.4416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0341 INR (High: 0.4720 / Low: 0.4379). On the other end, July was the most stable month, with a tight range of 0.0024 INR (High: 0.4305 / Low: 0.4281).

November Spread (Volatile) ±0.0341

July Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4707) against the same month in 2023 (average: 0.4422), the exchange rate shifted by +0.0285 (+6.44%).

2024 Avg (December) 0.4707

2023 Avg (December) 0.4422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4420	0.4371	0.4394
February	0.4369	0.4327	0.4356
March	0.4340	0.4296	0.4316
April	0.4450	0.4309	0.4328
May	0.4319	0.4290	0.4307
June	0.4317	0.4287	0.4302
July	0.4305	0.4281	0.4289
August	0.4312	0.4216	0.4290
September	0.4327	0.4173	0.4285
October	0.4381	0.4329	0.4362
November	0.4720	0.4379	0.4563
December	0.4733	0.4651	0.4707