2023 INR to GBP Historical Review

YEARLY HIGH

0.0103 GBP

YEARLY LOW

0.0093 GBP

YEARLY AVERAGE

0.0097 GBP

2023 INR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0103. Conversely, the yearly low was recorded on July 13, dropping to 0.0093.

This high-to-low spread represents a total annual volatility of 0.0010 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0095, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0103 was down 9.70% compared to the 2022 peak of 0.0114, 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 2,575 GBP

2022 Average 2,579 GBP

Yearly Trough Low 2,321 GBP

Transaction Impact: A difference of 254.04 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0101

0.0094

JanuMarcMayJulySeptNove

INR to GBP 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 0.0099, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0099

H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0005 GBP (High: 0.0103 / Low: 0.0098). On the other end, May was the most stable month, with a tight range of 0.0002 GBP (High: 0.0098 / Low: 0.0096).

March Spread (Volatile) ±0.0005

May Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0100) against the same month in 2022 (average: 0.0100), the exchange rate shifted by +0.0001 (+0.55%).

2023 Avg (March) 0.0100

2022 Avg (March) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0102	0.0099	0.0100
February	0.0101	0.0099	0.0100
March	0.0103	0.0098	0.0100
April	0.0099	0.0097	0.0098
May	0.0098	0.0096	0.0097
June	0.0098	0.0095	0.0096
July	0.0096	0.0093	0.0094
August	0.0096	0.0094	0.0095
September	0.0099	0.0096	0.0097
October	0.0099	0.0098	0.0099
November	0.0099	0.0094	0.0097
December	0.0096	0.0094	0.0095