2024 SYP to INR Historical Review

YEARLY HIGH

0.0339 INR

YEARLY LOW

0.0065 INR

YEARLY AVERAGE

0.0325 INR

2024 SYP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0339. Conversely, the yearly low was recorded on December 21, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0274 INR. From a start-to-finish perspective, comparing the January average rate of 0.0331 to the December average rate of 0.0241, the exchange rate registered a net change of -27.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0339 was up 2.07% compared to the 2023 peak of 0.0332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 169 INR

2023 Average 164 INR

Yearly Trough Low 33 INR

Transaction Impact: A difference of 136.81 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0345

0.0232

JanuMarcMayJulySeptNove

SYP 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 0.0331, compared to 0.0319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0331

H2 Avg (Jul–Dec) 0.0319

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0274 INR (High: 0.0339 / Low: 0.0065). On the other end, February was the most stable month, with a tight range of 0.0001 INR (High: 0.0331 / Low: 0.0330).

December Spread (Volatile) ±0.0274

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and August, 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 November and December, when the average rate fell by 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0241) against the same month in 2023 (average: 0.0331), the exchange rate shifted by -0.0090 (-27.23%).

2024 Avg (December) 0.0241

2023 Avg (December) 0.0331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0332	0.0330	0.0331
February	0.0331	0.0330	0.0330
March	0.0333	0.0329	0.0331
April	0.0333	0.0331	0.0332
May	0.0333	0.0331	0.0332
June	0.0333	0.0331	0.0332
July	0.0333	0.0332	0.0333
August	0.0334	0.0333	0.0334
September	0.0334	0.0332	0.0334
October	0.0335	0.0334	0.0335
November	0.0337	0.0335	0.0336
December	0.0339	0.0065	0.0241