2023 INR to MDL Historical Review

YEARLY HIGH

0.2359 MDL

YEARLY LOW

0.2079 MDL

YEARLY AVERAGE

0.2192 MDL

2023 INR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2359. Conversely, the yearly low was recorded on December 29, dropping to 0.2079.

This high-to-low spread represents a total annual volatility of 0.0280 MDL. From a start-to-finish perspective, comparing the January average rate of 0.2324 to the December average rate of 0.2115, the exchange rate registered a net change of -8.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2359 was down 4.65% compared to the 2022 peak of 0.2474, 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 58,964 MDL

2022 Average 60,036 MDL

Yearly Trough Low 51,966 MDL

Transaction Impact: A difference of 6,997.99 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2345

0.2094

JanuMarcMayJulySeptNove

INR to MDL 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 0.2233, compared to 0.2152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.2233

H2 Avg (Jul–Dec) 0.2152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0125 MDL (High: 0.2234 / Low: 0.2110). On the other end, October was the most stable month, with a tight range of 0.0039 MDL (High: 0.2200 / Low: 0.2161).

July Spread (Volatile) ±0.0125

October Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2324) against the same month in 2022 (average: 0.2407), the exchange rate shifted by -0.0083 (-3.45%).

2023 Avg (January) 0.2324

2022 Avg (January) 0.2407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2359	0.2292	0.2324
February	0.2299	0.2250	0.2272
March	0.2304	0.2227	0.2263
April	0.2228	0.2181	0.2201
May	0.2193	0.2133	0.2158
June	0.2229	0.2151	0.2178
July	0.2234	0.2110	0.2177
August	0.2160	0.2103	0.2134
September	0.2199	0.2140	0.2164
October	0.2200	0.2161	0.2179
November	0.2176	0.2120	0.2143
December	0.2150	0.2079	0.2115