2023 EUR to INR Historical Review

YEARLY HIGH

92.4984 INR

YEARLY LOW

86.4658 INR

YEARLY AVERAGE

89.3635 INR

2023 EUR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 92.4984. Conversely, the yearly low was recorded on March 8, dropping to 86.4658.

This high-to-low spread represents a total annual volatility of 6.0326 INR. From a start-to-finish perspective, comparing the January average rate of 88.1604 to the December average rate of 90.9301, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 92.4984 was up 4.19% compared to the 2022 peak of 88.7828, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 462,492 INR

2022 Average 413,603 INR

Yearly Trough Low 432,329 INR

Transaction Impact: A difference of 30,162.93 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

91.2298

87.6342

JanuMarcMayJulySeptNove

EUR 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 88.9074, compared to 89.8196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9122 points.

H1 Avg (Jan–Jun) 88.9074

H2 Avg (Jul–Dec) 89.8196

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.6208 INR (High: 91.7556 / Low: 88.1348). On the other end, October was the most stable month, with a tight range of 1.4628 INR (High: 88.5979 / Low: 87.1351).

November Spread (Volatile) ±3.6208

October Spread (Stable) ±1.4628

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.6971 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6971

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 90.9301) against the same month in 2022 (average: 87.3574), the exchange rate shifted by +3.5727 (+4.09%).

2023 Avg (December) 90.9301

2022 Avg (December) 87.3574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	89.0053	86.9449	88.1604
February	89.9858	87.4008	88.4336
March	89.6971	86.4658	88.1213
April	91.0366	88.7969	90.0572
May	91.6243	88.4092	89.5626
June	90.0677	88.1528	89.1093
July	92.3474	89.2444	90.8914
August	91.1587	89.1107	90.3780
September	89.2845	87.4421	88.6809
October	88.5979	87.1351	87.9338
November	91.7556	88.1348	90.1035
December	92.4984	89.7188	90.9301