YEARLY HIGH
91.6851 PYG
YEARLY LOW
86.1461 PYG
YEARLY AVERAGE
88.2610 PYG

2023 INR to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 91.6851. Conversely, the yearly low was recorded on March 19, dropping to 86.1461.

This high-to-low spread represents a total annual volatility of 5.5390 PYG. From a start-to-finish perspective, comparing the January average rate of 90.2629 to the December average rate of 88.3966, the exchange rate registered a net change of -2.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 91.6851 was down 3.58% compared to the 2022 peak of 95.0942, 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 22,921,267 PYG
2022 Average 22,218,512 PYG
Yearly Trough Low 21,536,520 PYG
Transaction Impact: A difference of 1,384,747.23 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

90.5539
87.0617
JanuMarcMayJulySeptNove

INR to PYG 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 88.1831, compared to 88.3389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1558 points.

H1 Avg (Jan–Jun) 88.1831
H2 Avg (Jul–Dec) 88.3389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.3951 PYG (High: 91.6851 / Low: 88.2900). On the other end, September was the most stable month, with a tight range of 0.8205 PYG (High: 87.9841 / Low: 87.1636).

January Spread (Volatile) ±3.3951
September Spread (Stable) ±0.8205

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 1.8978 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 90.2629) against the same month in 2022 (average: 93.5452), the exchange rate shifted by -3.2823 (-3.51%).

2023 Avg (January) 90.2629
2022 Avg (January) 93.5452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 91.6851 88.2900 90.2629
February 89.8924 87.6115 88.3652
March 88.7073 86.1461 87.4061
April 88.9006 86.5614 87.3528
May 88.4323 86.9936 87.4807
June 88.8638 87.2844 88.2310
July 88.8631 87.5688 88.3622
August 88.4220 87.0812 87.7883
September 87.9841 87.1636 87.6044
October 89.7527 87.4754 88.5686
November 89.8071 88.7845 89.3130
December 89.4495 87.5429 88.3966