YEARLY HIGH
0.0662 BRL
YEARLY LOW
0.0574 BRL
YEARLY AVERAGE
0.0605 BRL

2023 INR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0662. Conversely, the yearly low was recorded on July 30, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0088 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0588, the exchange rate registered a net change of -7.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0662 was down 13.71% compared to the 2022 peak of 0.0767, 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 16,549 BRL
2022 Average 16,438 BRL
Yearly Trough Low 14,361 BRL
Transaction Impact: A difference of 2,187.95 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0640
0.0579
JanuMarcMayJulySeptNove

INR to BRL 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 0.0617, compared to 0.0593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0617
H2 Avg (Jul–Dec) 0.0593

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0041 BRL (High: 0.0662 / Low: 0.0620). On the other end, November was the most stable month, with a tight range of 0.0013 BRL (High: 0.0595 / Low: 0.0582).

January Spread (Volatile) ±0.0041
November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0635) against the same month in 2022 (average: 0.0742), the exchange rate shifted by -0.0107 (-14.43%).

2023 Avg (January) 0.0635
2022 Avg (January) 0.0742

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0662 0.0620 0.0635
February 0.0641 0.0616 0.0627
March 0.0644 0.0616 0.0634
April 0.0618 0.0600 0.0612
May 0.0616 0.0594 0.0605
June 0.0609 0.0581 0.0591
July 0.0594 0.0574 0.0584
August 0.0599 0.0582 0.0592
September 0.0606 0.0583 0.0596
October 0.0621 0.0599 0.0608
November 0.0595 0.0582 0.0589
December 0.0595 0.0579 0.0588