2023 INR to SBD Historical Review

YEARLY HIGH

0.1026 SBD

YEARLY LOW

0.0991 SBD

YEARLY AVERAGE

0.1011 SBD

2023 INR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.1026. Conversely, the yearly low was recorded on February 7, dropping to 0.0991.

This high-to-low spread represents a total annual volatility of 0.0035 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1011 to the December average rate of 0.1016, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1026 was down 6.27% compared to the 2022 peak of 0.1095, 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 25,652 SBD

2022 Average 25,907 SBD

Yearly Trough Low 24,767 SBD

Transaction Impact: A difference of 884.19 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1020

0.0994

JanuMarcMayJulySeptNove

INR to SBD 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 0.1008, compared to 0.1014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1008

H2 Avg (Jul–Dec) 0.1014

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0024 SBD (High: 0.1023 / Low: 0.0998). On the other end, June was the most stable month, with a tight range of 0.0009 SBD (High: 0.1018 / Low: 0.1009).

January Spread (Volatile) ±0.0024

June Spread (Stable) ±0.0009

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 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1018) against the same month in 2022 (average: 0.1025), the exchange rate shifted by -0.0008 (-0.75%).

2023 Avg (July) 0.1018

2022 Avg (July) 0.1025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1023	0.0998	0.1011
February	0.1009	0.0991	0.0996
March	0.1012	0.0992	0.1001
April	0.1020	0.1002	0.1012
May	0.1019	0.1005	0.1011
June	0.1018	0.1009	0.1014
July	0.1026	0.1009	0.1018
August	0.1017	0.1004	0.1010
September	0.1016	0.1006	0.1011
October	0.1022	0.1007	0.1013
November	0.1019	0.1005	0.1013
December	0.1021	0.1011	0.1016