YEARLY HIGH
0.9990 INR
YEARLY LOW
0.7461 INR
YEARLY AVERAGE
0.9038 INR

2024 RUB to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.9990. Conversely, the yearly low was recorded on November 27, dropping to 0.7461.

This high-to-low spread represents a total annual volatility of 0.2529 INR. From a start-to-finish perspective, comparing the January average rate of 0.9304 to the December average rate of 0.8197, the exchange rate registered a net change of -11.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9990 was down 18.88% compared to the 2023 peak of 1.2315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,995 INR
2023 Average 4,884 INR
Yearly Trough Low 3,731 INR
Transaction Impact: A difference of 1,264.59 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9712
0.8059
JanuMarcMayJulySeptNove

RUB 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 0.9162, compared to 0.8914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 0.9162
H2 Avg (Jul–Dec) 0.8914

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1332 INR (High: 0.8793 / Low: 0.7461). On the other end, March was the most stable month, with a tight range of 0.0169 INR (High: 0.9127 / Low: 0.8958).

November Spread (Volatile) ±0.1332
March Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between April and July, 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 0.0451 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.9473) against the same month in 2023 (average: 0.9858), the exchange rate shifted by -0.0384 (-3.90%).

2024 Avg (June) 0.9473
2023 Avg (June) 0.9858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9446 0.9056 0.9304
February 0.9173 0.8744 0.9036
March 0.9127 0.8958 0.9043
April 0.9049 0.8879 0.8970
May 0.9394 0.8919 0.9149
June 0.9990 0.9230 0.9473
July 0.9853 0.9381 0.9574
August 0.9897 0.9118 0.9432
September 0.9598 0.8883 0.9182
October 0.8890 0.8619 0.8731
November 0.8793 0.7461 0.8369
December 0.8591 0.7524 0.8197