2023 INR to LRD Historical Review

YEARLY HIGH

2.2738 LRD

YEARLY LOW

1.8542 LRD

YEARLY AVERAGE

2.1141 LRD

2023 INR to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.2738. Conversely, the yearly low was recorded on February 24, dropping to 1.8542.

This high-to-low spread represents a total annual volatility of 0.4196 LRD. From a start-to-finish perspective, comparing the January average rate of 1.9013 to the December average rate of 2.2612, the exchange rate registered a net change of 18.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2738 was up 10.09% compared to the 2022 peak of 2.0653, 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 568,442 LRD

2022 Average 486,680 LRD

Yearly Trough Low 463,552 LRD

Transaction Impact: A difference of 104,890.22 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2980

1.8568

JanuMarcMayJulySeptNove

INR to LRD 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 1.9797, compared to 2.2484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2687 points.

H1 Avg (Jan–Jun) 1.9797

H2 Avg (Jul–Dec) 2.2484

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1388 LRD (High: 2.1944 / Low: 2.0556). On the other end, November was the most stable month, with a tight range of 0.0099 LRD (High: 2.2620 / Low: 2.2522).

June Spread (Volatile) ±0.1388

November Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0077 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.2612) against the same month in 2022 (average: 1.8704), the exchange rate shifted by +0.3908 (+20.89%).

2023 Avg (December) 2.2612

2022 Avg (December) 1.8704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9308	1.8664	1.9013
February	1.9241	1.8542	1.8936
March	1.9762	1.8634	1.9393
April	2.0215	1.9748	1.9904
May	2.0459	2.0192	2.0285
June	2.1944	2.0556	2.1253
July	2.2665	2.1938	2.2352
August	2.2660	2.2364	2.2491
September	2.2504	2.2363	2.2439
October	2.2526	2.2403	2.2455
November	2.2620	2.2522	2.2555
December	2.2738	2.2540	2.2612