2023 INR to BOB Historical Review

YEARLY HIGH

0.0853 BOB

YEARLY LOW

0.0824 BOB

YEARLY AVERAGE

0.0837 BOB

2023 INR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0853. Conversely, the yearly low was recorded on November 5, dropping to 0.0824.

This high-to-low spread represents a total annual volatility of 0.0029 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0846 to the December average rate of 0.0831, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0853 was down 8.53% compared to the 2022 peak of 0.0933, 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 21,331 BOB

2022 Average 21,948 BOB

Yearly Trough Low 20,603 BOB

Transaction Impact: A difference of 727.72 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0847

0.0827

JanuMarcMayJulySeptNove

INR to BOB 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 0.0841, compared to 0.0833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0841

H2 Avg (Jul–Dec) 0.0833

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0020 BOB (High: 0.0846 / Low: 0.0825). On the other end, September was the most stable month, with a tight range of 0.0007 BOB (High: 0.0836 / Low: 0.0829).

March Spread (Volatile) ±0.0020

September Spread (Stable) ±0.0007

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 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0846) against the same month in 2022 (average: 0.0925), the exchange rate shifted by -0.0080 (-8.62%).

2023 Avg (January) 0.0846

2022 Avg (January) 0.0925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0853	0.0835	0.0846
February	0.0847	0.0830	0.0836
March	0.0846	0.0825	0.0839
April	0.0847	0.0838	0.0843
May	0.0846	0.0831	0.0839
June	0.0844	0.0836	0.0841
July	0.0844	0.0830	0.0840
August	0.0840	0.0829	0.0834
September	0.0836	0.0829	0.0832
October	0.0834	0.0827	0.0830
November	0.0832	0.0824	0.0829
December	0.0838	0.0828	0.0831