2023 HTG to INR Historical Review

YEARLY HIGH

0.6314 INR

YEARLY LOW

0.5254 INR

YEARLY AVERAGE

0.5850 INR

2023 HTG to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.6314. Conversely, the yearly low was recorded on April 13, dropping to 0.5254.

This high-to-low spread represents a total annual volatility of 0.1060 INR. From a start-to-finish perspective, comparing the January average rate of 0.5506 to the December average rate of 0.6295, the exchange rate registered a net change of 14.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6314 was down 16.35% compared to the 2022 peak of 0.7548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,157 INR

2022 Average 3,373 INR

Yearly Trough Low 2,627 INR

Transaction Impact: A difference of 530.13 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6396

0.5185

JanuMarcMayJulySeptNove

HTG 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 0.5536, compared to 0.6164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0629 points.

H1 Avg (Jan–Jun) 0.5536

H2 Avg (Jul–Dec) 0.6164

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0623 INR (High: 0.5907 / Low: 0.5284). On the other end, November was the most stable month, with a tight range of 0.0054 INR (High: 0.6312 / Low: 0.6258).

May Spread (Volatile) ±0.0623

November Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0147 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6295) against the same month in 2022 (average: 0.5696), the exchange rate shifted by +0.0600 (+10.52%).

2023 Avg (December) 0.6295

2022 Avg (December) 0.5696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5603	0.5434	0.5506
February	0.5557	0.5441	0.5502
March	0.5466	0.5291	0.5355
April	0.5379	0.5254	0.5286
May	0.5907	0.5284	0.5667
June	0.5956	0.5842	0.5900
July	0.6031	0.5905	0.5969
August	0.6138	0.6027	0.6086
September	0.6193	0.6100	0.6139
October	0.6274	0.6115	0.6213
November	0.6312	0.6258	0.6284
December	0.6314	0.6251	0.6295