2023 INR to BBD Historical Review

YEARLY HIGH

0.0247 BBD

YEARLY LOW

0.0240 BBD

YEARLY AVERAGE

0.0242 BBD

2023 INR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0247. Conversely, the yearly low was recorded on December 10, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0007 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0245 to the December average rate of 0.0240, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0247 was down 8.86% compared to the 2022 peak of 0.0271, 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 6,175 BBD

2022 Average 6,369 BBD

Yearly Trough Low 5,993 BBD

Transaction Impact: A difference of 182.23 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0245

0.0240

JanuMarcMayJulySeptNove

INR to BBD 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 0.0243, compared to 0.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0243

H2 Avg (Jul–Dec) 0.0241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 BBD (High: 0.0247 / Low: 0.0242). On the other end, November was the most stable month, with a tight range of 0.0001 BBD (High: 0.0241 / Low: 0.0240).

January Spread (Volatile) ±0.0005

November Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0245) against the same month in 2022 (average: 0.0269), the exchange rate shifted by -0.0024 (-8.90%).

2023 Avg (January) 0.0245

2022 Avg (January) 0.0269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0247	0.0242	0.0245
February	0.0245	0.0241	0.0242
March	0.0245	0.0242	0.0243
April	0.0245	0.0243	0.0244
May	0.0245	0.0241	0.0243
June	0.0244	0.0242	0.0243
July	0.0244	0.0242	0.0243
August	0.0243	0.0240	0.0241
September	0.0242	0.0240	0.0241
October	0.0241	0.0240	0.0240
November	0.0241	0.0240	0.0240
December	0.0241	0.0240	0.0240