2023 INR to SRD Historical Review

YEARLY HIGH

0.4697 SRD

YEARLY LOW

0.3818 SRD

YEARLY AVERAGE

0.4431 SRD

2023 INR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.4697. Conversely, the yearly low was recorded on January 3, dropping to 0.3818.

This high-to-low spread represents a total annual volatility of 0.0879 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3893 to the December average rate of 0.4489, the exchange rate registered a net change of 15.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4697 was up 20.04% compared to the 2022 peak of 0.3913, 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 117,432 SRD

2022 Average 76,789 SRD

Yearly Trough Low 95,451 SRD

Transaction Impact: A difference of 21,980.71 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4696

0.3820

JanuMarcMayJulySeptNove

INR to SRD 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 0.4280, compared to 0.4581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 0.4280

H2 Avg (Jul–Dec) 0.4581

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0304 SRD (High: 0.4392 / Low: 0.4088). On the other end, November was the most stable month, with a tight range of 0.0053 SRD (High: 0.4589 / Low: 0.4536).

March Spread (Volatile) ±0.0304

November Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between January and July, 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 November and December, when the average rate fell by 0.0073 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4623) against the same month in 2022 (average: 0.2878), the exchange rate shifted by +0.1744 (+60.60%).

2023 Avg (July) 0.4623

2022 Avg (July) 0.2878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4004	0.3818	0.3893
February	0.4101	0.3892	0.3970
March	0.4392	0.4088	0.4206
April	0.4563	0.4353	0.4488
May	0.4623	0.4491	0.4536
June	0.4678	0.4524	0.4588
July	0.4697	0.4512	0.4623
August	0.4685	0.4590	0.4620
September	0.4665	0.4580	0.4612
October	0.4615	0.4559	0.4584
November	0.4589	0.4536	0.4562
December	0.4546	0.4415	0.4489