2023 INR to BZD Historical Review

YEARLY HIGH

0.0249 BZD

YEARLY LOW

0.0240 BZD

YEARLY AVERAGE

0.0244 BZD

2023 INR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0249. Conversely, the yearly low was recorded on November 5, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0008 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0247 to the December average rate of 0.0242, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0249 was down 8.86% compared to the 2022 peak of 0.0273, 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 6,222 BZD

2022 Average 6,418 BZD

Yearly Trough Low 6,010 BZD

Transaction Impact: A difference of 212.40 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0247

0.0241

JanuMarcMayJulySeptNove

INR to BZD 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 0.0245, compared to 0.0243 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) 0.0245

H2 Avg (Jul–Dec) 0.0243

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 BZD (High: 0.0247 / Low: 0.0241). On the other end, September was the most stable month, with a tight range of 0.0002 BZD (High: 0.0244 / Low: 0.0242).

March Spread (Volatile) ±0.0006

September 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 0.0003 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: 0.0247) against the same month in 2022 (average: 0.0271), the exchange rate shifted by -0.0024 (-8.88%).

2023 Avg (January) 0.0247

2022 Avg (January) 0.0271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0249	0.0244	0.0247
February	0.0247	0.0242	0.0244
March	0.0247	0.0241	0.0244
April	0.0247	0.0243	0.0246
May	0.0247	0.0242	0.0245
June	0.0246	0.0244	0.0245
July	0.0246	0.0242	0.0245
August	0.0245	0.0242	0.0243
September	0.0244	0.0242	0.0243
October	0.0243	0.0241	0.0242
November	0.0243	0.0240	0.0242
December	0.0244	0.0242	0.0242