YEARLY HIGH
0.0454 AED
YEARLY LOW
0.0440 AED
YEARLY AVERAGE
0.0445 AED

2023 INR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0454. Conversely, the yearly low was recorded on December 10, dropping to 0.0440.

This high-to-low spread represents a total annual volatility of 0.0013 AED. From a start-to-finish perspective, comparing the January average rate of 0.0449 to the December average rate of 0.0441, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0454 was down 8.86% compared to the 2022 peak of 0.0498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 11,340 AED
2022 Average 11,696 AED
Yearly Trough Low 11,003 AED
Transaction Impact: A difference of 337.02 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0450
0.0440
JanuMarcMayJulySeptNove

INR to AED 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 0.0447, compared to 0.0443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0447
H2 Avg (Jul–Dec) 0.0443

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0010 AED (High: 0.0454 / Low: 0.0444). On the other end, November was the most stable month, with a tight range of 0.0002 AED (High: 0.0442 / Low: 0.0440).

January Spread (Volatile) ±0.0010
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0449) against the same month in 2022 (average: 0.0493), the exchange rate shifted by -0.0044 (-8.90%).

2023 Avg (January) 0.0449
2022 Avg (January) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0454 0.0444 0.0449
February 0.0450 0.0443 0.0445
March 0.0449 0.0444 0.0447
April 0.0450 0.0446 0.0448
May 0.0449 0.0443 0.0446
June 0.0448 0.0445 0.0447
July 0.0449 0.0444 0.0447
August 0.0446 0.0441 0.0443
September 0.0444 0.0441 0.0442
October 0.0442 0.0440 0.0441
November 0.0442 0.0440 0.0441
December 0.0443 0.0440 0.0441