2024 WST to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 WST to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the WST to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 30.6381. Conversely, the yearly low was recorded on March 7, dropping to 29.5439.
This high-to-low spread represents a total annual volatility of 1.0942 INR. From a start-to-finish perspective, comparing the January average rate of 29.6815 to the December average rate of 30.3591, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 30.6381 was down 0.34% compared to the 2023 peak of 30.7440, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
WST to INR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 29.7261, compared to 30.0419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3158 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.4355 INR (High: 30.6381 / Low: 30.2026). On the other end, February was the most stable month, with a tight range of 0.0780 INR (High: 29.6681 / Low: 29.5901).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 0.0490 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 30.3591) against the same month in 2023 (average: 29.7299), the exchange rate shifted by +0.6292 (+2.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 29.7565 | 29.5927 | 29.6815 |
| February | 29.6681 | 29.5901 | 29.6325 |
| March | 29.8583 | 29.5439 | 29.6643 |
| April | 29.8813 | 29.7231 | 29.7916 |
| May | 29.8381 | 29.6616 | 29.7713 |
| June | 29.8845 | 29.6780 | 29.8151 |
| July | 29.9192 | 29.8006 | 29.8585 |
| August | 30.0010 | 29.9056 | 29.9586 |
| September | 29.9976 | 29.8148 | 29.9289 |
| October | 30.0428 | 29.9564 | 30.0162 |
| November | 30.2005 | 30.0307 | 30.1297 |
| December | 30.6381 | 30.2026 | 30.3591 |