YEARLY HIGH
254.9720 SLL
YEARLY LOW
213.0020 SLL
YEARLY AVERAGE
230.9433 SLL

2023 INR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 254.9720. Conversely, the yearly low was recorded on February 24, dropping to 213.0020.

This high-to-low spread represents a total annual volatility of 41.9701 SLL. From a start-to-finish perspective, comparing the January average rate of 216.1593 to the December average rate of 251.9054, the exchange rate registered a net change of 16.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 254.9720 was up 16.17% compared to the 2022 peak of 219.4871, 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 63,743,009 SLL
2022 Average 43,501,584 SLL
Yearly Trough Low 53,250,496 SLL
Transaction Impact: A difference of 10,492,513.32 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

257.0736
209.8484
JanuMarcMayJulySeptNove

INR to SLL 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 214.9776, compared to 246.9090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.9314 points.

H1 Avg (Jan–Jun) 214.9776
H2 Avg (Jul–Dec) 246.9090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 41.5458 SLL (High: 254.9720 / Low: 213.4262). On the other end, November was the most stable month, with a tight range of 1.0873 SLL (High: 252.5737 / Low: 251.4864).

July Spread (Volatile) ±41.5458
November Spread (Stable) ±1.0873

Growth Streaks & Declines

Trends

Between May and August, 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 2.3754 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3754

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 220.1086) against the same month in 2022 (average: 170.0843), the exchange rate shifted by +50.0243 (+29.41%).

2023 Avg (July) 220.1086
2022 Avg (July) 170.0843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 218.1563 213.3986 216.1593
February 216.1899 213.0020 213.7838
March 216.1841 213.5622 214.8034
April 216.2683 214.5348 215.5524
May 216.1746 213.0751 214.5928
June 215.6721 213.8145 214.9739
July 254.9720 213.4262 220.1086
August 254.7877 251.7888 253.1381
September 253.4880 251.7351 252.5054
October 252.5941 251.3830 251.9607
November 252.5737 251.4864 251.8359
December 252.9767 251.3233 251.9054