2023 ARS to INR Historical Review

YEARLY HIGH

0.4682 INR

YEARLY LOW

0.1026 INR

YEARLY AVERAGE

0.3157 INR

2023 ARS to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4682. Conversely, the yearly low was recorded on December 28, dropping to 0.1026.

This high-to-low spread represents a total annual volatility of 0.3656 INR. From a start-to-finish perspective, comparing the January average rate of 0.4491 to the December average rate of 0.1524, the exchange rate registered a net change of -66.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4682 was down 35.49% compared to the 2022 peak of 0.7258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,341 INR

2022 Average 3,071 INR

Yearly Trough Low 513 INR

Transaction Impact: A difference of 1,828.18 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4787

0.1227

JanuMarcMayJulySeptNove

ARS 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 0.3925, compared to 0.2389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1536 points.

H1 Avg (Jan–Jun) 0.3925

H2 Avg (Jul–Dec) 0.2389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1282 INR (High: 0.2308 / Low: 0.1026). On the other end, September was the most stable month, with a tight range of 0.0016 INR (High: 0.2380 / Low: 0.2364).

December Spread (Volatile) ±0.1282

September Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0833 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4491) against the same month in 2022 (average: 0.7167), the exchange rate shifted by -0.2676 (-37.34%).

2023 Avg (January) 0.4491

2022 Avg (January) 0.7167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4682	0.4372	0.4491
February	0.4401	0.4192	0.4310
March	0.4172	0.3936	0.4062
April	0.3944	0.3683	0.3810
May	0.3678	0.3452	0.3569
June	0.3428	0.3201	0.3313
July	0.3220	0.2988	0.3095
August	0.2989	0.2357	0.2606
September	0.2380	0.2364	0.2373
October	0.2386	0.2362	0.2378
November	0.2394	0.2312	0.2358
December	0.2308	0.1026	0.1524