YEARLY HIGH
0.1462 INR
YEARLY LOW
0.1376 INR
YEARLY AVERAGE
0.1399 INR

2024 SDG to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1462. Conversely, the yearly low was recorded on March 7, dropping to 0.1376.

This high-to-low spread represents a total annual volatility of 0.0086 INR. From a start-to-finish perspective, comparing the January average rate of 0.1383 to the December average rate of 0.1413, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1462 was down 4.20% compared to the 2023 peak of 0.1526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 731 INR
2023 Average 692 INR
Yearly Trough Low 688 INR
Transaction Impact: A difference of 42.78 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1427
0.1377
JanuMarcMayJulySeptNove

SDG 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 0.1397, compared to 0.1401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1397
H2 Avg (Jul–Dec) 0.1401

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0080 INR (High: 0.1462 / Low: 0.1382). On the other end, October was the most stable month, with a tight range of 0.0004 INR (High: 0.1398 / Low: 0.1394).

May Spread (Volatile) ±0.0080
October Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1392) against the same month in 2023 (average: 0.1372), the exchange rate shifted by +0.0020 (+1.47%).

2024 Avg (May) 0.1392
2023 Avg (May) 0.1372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1386 0.1379 0.1383
February 0.1383 0.1379 0.1381
March 0.1427 0.1376 0.1399
April 0.1428 0.1389 0.1422
May 0.1462 0.1382 0.1392
June 0.1428 0.1387 0.1407
July 0.1429 0.1388 0.1406
August 0.1397 0.1392 0.1395
September 0.1396 0.1388 0.1393
October 0.1398 0.1394 0.1397
November 0.1406 0.1398 0.1403
December 0.1426 0.1406 0.1413