2024 XDR to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |