2023 AWG to INR Historical Review

YEARLY HIGH

47.1519 INR

YEARLY LOW

44.9856 INR

YEARLY AVERAGE

45.8531 INR

2023 AWG to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 47.1519. Conversely, the yearly low was recorded on January 22, dropping to 44.9856.

This high-to-low spread represents a total annual volatility of 2.1663 INR. From a start-to-finish perspective, comparing the January average rate of 45.3745 to the December average rate of 46.2176, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.1519 was up 2.26% compared to the 2022 peak of 46.1096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 235,759 INR

2022 Average 218,334 INR

Yearly Trough Low 224,928 INR

Transaction Impact: A difference of 10,831.57 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.4367

45.2780

JanuMarcMayJulySeptNove

AWG 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 45.6232, compared to 46.0831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4599 points.

H1 Avg (Jan–Jun) 45.6232

H2 Avg (Jul–Dec) 46.0831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.0918 INR (High: 47.1519 / Low: 46.0601). On the other end, October was the most stable month, with a tight range of 0.2481 INR (High: 46.3117 / Low: 46.0636).

November Spread (Volatile) ±1.0918

October Spread (Stable) ±0.2481

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2175 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 46.3402) against the same month in 2022 (average: 45.2769), the exchange rate shifted by +1.0633 (+2.35%).

2023 Avg (November) 46.3402

2022 Avg (November) 45.2769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.9717	44.9856	45.3745
February	46.0742	45.3948	45.8834
March	45.9533	45.3330	45.6659
April	45.6853	45.3616	45.4958
May	46.0140	45.3424	45.7012
June	45.8399	45.4440	45.6181
July	45.9188	45.3895	45.6166
August	46.2678	45.7233	45.9907
September	46.2423	45.9577	46.1220
October	46.3117	46.0636	46.2115
November	47.1519	46.0601	46.3402
December	46.3535	46.0506	46.2176