YEARLY HIGH
0.1602 INR
YEARLY LOW
0.1385 INR
YEARLY AVERAGE
0.1526 INR

2023 CRC to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1602. Conversely, the yearly low was recorded on January 10, dropping to 0.1385.

This high-to-low spread represents a total annual volatility of 0.0216 INR. From a start-to-finish perspective, comparing the January average rate of 0.1423 to the December average rate of 0.1585, the exchange rate registered a net change of 11.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1602 was up 12.35% compared to the 2022 peak of 0.1426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 801 INR
2022 Average 611 INR
Yearly Trough Low 693 INR
Transaction Impact: A difference of 108.19 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1601
0.1406
JanuMarcMayJulySeptNove

CRC 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 0.1496, compared to 0.1555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1496
H2 Avg (Jul–Dec) 0.1555

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0095 INR (High: 0.1480 / Low: 0.1385). On the other end, November was the most stable month, with a tight range of 0.0021 INR (High: 0.1579 / Low: 0.1559).

January Spread (Volatile) ±0.0095
November Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0010 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1585) against the same month in 2022 (average: 0.1398), the exchange rate shifted by +0.0187 (+13.35%).

2023 Avg (December) 0.1585
2022 Avg (December) 0.1398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1480 0.1385 0.1423
February 0.1488 0.1419 0.1462
March 0.1542 0.1461 0.1508
April 0.1543 0.1513 0.1530
May 0.1556 0.1504 0.1532
June 0.1539 0.1512 0.1522
July 0.1538 0.1502 0.1522
August 0.1563 0.1510 0.1539
September 0.1570 0.1534 0.1551
October 0.1574 0.1550 0.1565
November 0.1579 0.1559 0.1570
December 0.1602 0.1572 0.1585