2023 CDF to INR Historical Review

YEARLY HIGH

0.0406 INR

YEARLY LOW

0.0298 INR

YEARLY AVERAGE

0.0357 INR

2023 CDF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0406. Conversely, the yearly low was recorded on December 21, dropping to 0.0298.

This high-to-low spread represents a total annual volatility of 0.0108 INR. From a start-to-finish perspective, comparing the January average rate of 0.0399 to the December average rate of 0.0306, the exchange rate registered a net change of -23.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0406 was down 0.45% compared to the 2022 peak of 0.0408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 203 INR

2022 Average 195 INR

Yearly Trough Low 149 INR

Transaction Impact: A difference of 54.11 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0410

0.0296

JanuMarcMayJulySeptNove

CDF 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 0.0386, compared to 0.0328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0386

H2 Avg (Jul–Dec) 0.0328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0049 INR (High: 0.0402 / Low: 0.0354). On the other end, September was the most stable month, with a tight range of 0.0006 INR (High: 0.0339 / Low: 0.0333).

May Spread (Volatile) ±0.0049

September Spread (Stable) ±0.0006

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 May and June, when the average rate fell by 0.0029 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0399) against the same month in 2022 (average: 0.0371), the exchange rate shifted by +0.0028 (+7.44%).

2023 Avg (January) 0.0399

2022 Avg (January) 0.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0406	0.0393	0.0399
February	0.0406	0.0397	0.0401
March	0.0402	0.0395	0.0398
April	0.0402	0.0374	0.0394
May	0.0402	0.0354	0.0377
June	0.0355	0.0341	0.0348
July	0.0341	0.0321	0.0333
August	0.0339	0.0332	0.0335
September	0.0339	0.0333	0.0334
October	0.0336	0.0321	0.0331
November	0.0338	0.0306	0.0328
December	0.0312	0.0298	0.0306