2023 ALL to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.9152. Conversely, the yearly low was recorded on January 8, dropping to 0.7380.
This high-to-low spread represents a total annual volatility of 0.1771 INR. From a start-to-finish perspective, comparing the January average rate of 0.7573 to the December average rate of 0.8840, the exchange rate registered a net change of 16.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 0.9152 was up 17.32% compared to the 2022 peak of 0.7801, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL 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 0.7877, compared to 0.8579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0702 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 0.0782 INR (High: 0.8855 / Low: 0.8073). On the other end, September was the most stable month, with a tight range of 0.0139 INR (High: 0.8353 / Low: 0.8214).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 0.8798) against the same month in 2022 (average: 0.6904), the exchange rate shifted by +0.1893 (+27.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.7734 | 0.7380 | 0.7573 |
| February | 0.7760 | 0.7594 | 0.7647 |
| March | 0.7879 | 0.7538 | 0.7694 |
| April | 0.8168 | 0.7874 | 0.8002 |
| May | 0.8115 | 0.7870 | 0.8049 |
| June | 0.8415 | 0.8059 | 0.8298 |
| July | 0.9152 | 0.8388 | 0.8798 |
| August | 0.8855 | 0.8073 | 0.8557 |
| September | 0.8353 | 0.8214 | 0.8296 |
| October | 0.8400 | 0.8218 | 0.8312 |
| November | 0.8946 | 0.8327 | 0.8671 |
| December | 0.8958 | 0.8711 | 0.8840 |