2023 DJF to INR Historical Review

YEARLY HIGH

0.4709 INR

YEARLY LOW

0.4554 INR

YEARLY AVERAGE

0.4643 INR

2023 DJF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.4709. Conversely, the yearly low was recorded on January 22, dropping to 0.4554.

This high-to-low spread represents a total annual volatility of 0.0156 INR. From a start-to-finish perspective, comparing the January average rate of 0.4598 to the December average rate of 0.4674, the exchange rate registered a net change of 1.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4709 was up 0.43% compared to the 2022 peak of 0.4689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,355 INR

2022 Average 2,208 INR

Yearly Trough Low 2,277 INR

Transaction Impact: A difference of 77.81 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4696

0.4589

JanuMarcMayJulySeptNove

DJF 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 0.4622, compared to 0.4665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.4622

H2 Avg (Jul–Dec) 0.4665

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0110 INR (High: 0.4693 / Low: 0.4583). On the other end, November was the most stable month, with a tight range of 0.0041 INR (High: 0.4709 / Low: 0.4668).

February Spread (Volatile) ±0.0110

November Spread (Stable) ±0.0041

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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4687) against the same month in 2022 (average: 0.4590), the exchange rate shifted by +0.0097 (+2.12%).

2023 Avg (November) 0.4687

2022 Avg (November) 0.4590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4657	0.4554	0.4598
February	0.4693	0.4583	0.4643
March	0.4701	0.4594	0.4629
April	0.4652	0.4591	0.4614
May	0.4660	0.4596	0.4629
June	0.4642	0.4589	0.4617
July	0.4678	0.4605	0.4626
August	0.4683	0.4622	0.4656
September	0.4684	0.4642	0.4665
October	0.4695	0.4653	0.4679
November	0.4709	0.4668	0.4687
December	0.4690	0.4639	0.4674