2023 BBD to INR Historical Review

YEARLY HIGH

41.7182 INR

YEARLY LOW

40.4870 INR

YEARLY AVERAGE

41.2856 INR

2023 BBD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 41.7182. Conversely, the yearly low was recorded on January 22, dropping to 40.4870.

This high-to-low spread represents a total annual volatility of 1.2312 INR. From a start-to-finish perspective, comparing the January average rate of 40.8629 to the December average rate of 41.6219, 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 41.7182 was up 0.53% compared to the 2022 peak of 41.4986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,591 INR

2022 Average 196,506 INR

Yearly Trough Low 202,435 INR

Transaction Impact: A difference of 6,155.77 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.7104

40.7859

JanuMarcMayJulySeptNove

BBD 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 41.0869, compared to 41.4844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3975 points.

H1 Avg (Jan–Jun) 41.0869

H2 Avg (Jul–Dec) 41.4844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.9027 INR (High: 41.3897 / Low: 40.4870). On the other end, November was the most stable month, with a tight range of 0.1795 INR (High: 41.6911 / Low: 41.5117).

January Spread (Volatile) ±0.9027

November Spread (Stable) ±0.1795

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 0.1960 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 41.6219) against the same month in 2022 (average: 41.2223), the exchange rate shifted by +0.3995 (+0.97%).

2023 Avg (December) 41.6219

2022 Avg (December) 41.2223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.3897	40.4870	40.8629
February	41.4667	40.8553	41.3155
March	41.3580	40.8564	41.1195
April	41.1705	40.8405	40.9763
May	41.4525	40.8582	41.1604
June	41.3092	40.9534	41.0867
July	41.3843	40.9073	41.0961
August	41.6410	41.1509	41.4195
September	41.6499	41.3619	41.5230
October	41.7083	41.5083	41.6127
November	41.6911	41.5117	41.6333
December	41.7182	41.4455	41.6219