YEARLY HIGH
113.7569 INR
YEARLY LOW
109.2952 INR
YEARLY AVERAGE
111.1097 INR

2024 XDR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 113.7569. Conversely, the yearly low was recorded on February 4, dropping to 109.2952.

This high-to-low spread represents a total annual volatility of 4.4617 INR. From a start-to-finish perspective, comparing the January average rate of 110.9750 to the December average rate of 111.4949, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 113.7569 was up 1.52% compared to the 2023 peak of 112.0538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 568,784 INR
2023 Average 551,001 INR
Yearly Trough Low 546,476 INR
Transaction Impact: A difference of 22,308.39 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

113.3457
109.8320
JanuMarcMayJulySeptNove

XDR 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 110.3500, compared to 111.8694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5194 points.

H1 Avg (Jan–Jun) 110.3500
H2 Avg (Jul–Dec) 111.8694

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.3832 INR (High: 112.5064 / Low: 110.1232). On the other end, May was the most stable month, with a tight range of 0.7418 INR (High: 110.6023 / Low: 109.8605).

November Spread (Volatile) ±2.3832
May Spread (Stable) ±0.7418

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0170 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 112.5230) against the same month in 2023 (average: 109.2963), the exchange rate shifted by +3.2267 (+2.95%).

2024 Avg (October) 112.5230
2023 Avg (October) 109.2963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 111.9036 110.5449 110.9750
February 110.7429 109.2952 110.1248
March 111.7228 109.7518 110.4594
April 111.1261 109.3655 110.1684
May 110.6023 109.8605 110.1845
June 110.8846 109.6477 110.1880
July 111.0861 109.7468 110.5587
August 112.9938 111.1815 112.0810
September 113.6187 112.6174 113.0529
October 113.7569 111.4484 112.5230
November 112.5064 110.1232 111.5060
December 111.9705 110.7591 111.4949