YEARLY HIGH
22.0269 INR
YEARLY LOW
18.0587 INR
YEARLY AVERAGE
21.0212 INR

2024 PLN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 22.0269. Conversely, the yearly low was recorded on January 1, dropping to 18.0587.

This high-to-low spread represents a total annual volatility of 3.9682 INR. From a start-to-finish perspective, comparing the January average rate of 20.6894 to the December average rate of 20.8505, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.0269 was up 2.90% compared to the 2023 peak of 21.4069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 440,539 INR
2023 Average 393,949 INR
Yearly Trough Low 361,174 INR
Transaction Impact: A difference of 79,364.34 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.8754
20.5816
JanuMarcMayJulySeptNove

PLN 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 20.8294, compared to 21.2131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3837 points.

H1 Avg (Jan–Jun) 20.8294
H2 Avg (Jul–Dec) 21.2131

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.9458 INR (High: 21.0046 / Low: 18.0587). On the other end, December was the most stable month, with a tight range of 0.3779 INR (High: 21.0336 / Low: 20.6557).

January Spread (Volatile) ±2.9458
December Spread (Stable) ±0.3779

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.5519 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 21.5557) against the same month in 2023 (average: 20.2707), the exchange rate shifted by +1.2850 (+6.34%).

2024 Avg (August) 21.5557
2023 Avg (August) 20.2707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0046 18.0587 20.6894
February 20.8944 20.5008 20.7088
March 21.1813 20.7973 20.9598
April 21.2325 20.3482 20.7829
May 21.3067 20.6559 21.0449
June 21.2254 20.4135 20.7906
July 21.4134 20.7516 21.1950
August 22.0269 20.9961 21.5557
September 21.9855 21.5616 21.7676
October 21.6408 20.8520 21.2157
November 21.1160 20.2787 20.6939
December 21.0336 20.6557 20.8505