YEARLY HIGH
0.3432 INR
YEARLY LOW
0.3304 INR
YEARLY AVERAGE
0.3343 INR

2024 YER to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3432. Conversely, the yearly low was recorded on March 7, dropping to 0.3304.

This high-to-low spread represents a total annual volatility of 0.0128 INR. From a start-to-finish perspective, comparing the January average rate of 0.3320 to the December average rate of 0.3399, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3432 was up 2.89% compared to the 2023 peak of 0.3336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,716 INR
2023 Average 1,649 INR
Yearly Trough Low 1,652 INR
Transaction Impact: A difference of 64.02 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3408
0.3307
JanuMarcMayJulySeptNove

YER 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 0.3325, compared to 0.3362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.3325
H2 Avg (Jul–Dec) 0.3362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0055 INR (High: 0.3432 / Low: 0.3377). On the other end, October was the most stable month, with a tight range of 0.0010 INR (High: 0.3360 / Low: 0.3351).

December Spread (Volatile) ±0.0055
October Spread (Stable) ±0.0010

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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3399) against the same month in 2023 (average: 0.3327), the exchange rate shifted by +0.0073 (+2.18%).

2024 Avg (December) 0.3399
2023 Avg (December) 0.3327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3329 0.3309 0.3320
February 0.3333 0.3309 0.3315
March 0.3339 0.3304 0.3318
April 0.3342 0.3324 0.3332
May 0.3343 0.3317 0.3331
June 0.3342 0.3319 0.3334
July 0.3347 0.3333 0.3340
August 0.3359 0.3345 0.3351
September 0.3355 0.3335 0.3348
October 0.3360 0.3351 0.3357
November 0.3384 0.3359 0.3376
December 0.3432 0.3377 0.3399