2023 INR to STD Historical Review

YEARLY HIGH

281.8680 STD

YEARLY LOW

267.0514 STD

YEARLY AVERAGE

273.6408 STD

2023 INR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 281.8680. Conversely, the yearly low was recorded on December 10, dropping to 267.0514.

This high-to-low spread represents a total annual volatility of 14.8165 STD. From a start-to-finish perspective, comparing the January average rate of 279.2877 to the December average rate of 267.6700, the exchange rate registered a net change of -4.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 281.8680 was down 5.61% compared to the 2022 peak of 298.6249, 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 70,466,991 STD

2022 Average 70,537,571 STD

Yearly Trough Low 66,762,861 STD

Transaction Impact: A difference of 3,704,130.13 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

280.4569

266.4269

JanuMarcMayJulySeptNove

INR to STD 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 277.7609, compared to 269.5208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2401 points.

H1 Avg (Jan–Jun) 277.7609

H2 Avg (Jul–Dec) 269.5208

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 8.1231 STD (High: 278.9723 / Low: 270.8492). On the other end, November was the most stable month, with a tight range of 1.1553 STD (High: 268.3801 / Low: 267.2247).

July Spread (Volatile) ±8.1231

November Spread (Stable) ±1.1553

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 July and August, when the average rate fell by 7.8627 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.8627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 279.2877) against the same month in 2022 (average: 284.0716), the exchange rate shifted by -4.7839 (-1.68%).

2023 Avg (January) 279.2877

2022 Avg (January) 284.0716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	281.8680	275.7208	279.2877
February	279.3273	275.2083	276.2185
March	279.3198	275.9321	277.5358
April	279.4285	277.1888	278.5035
May	279.3075	275.3028	277.2638
June	278.6582	276.2581	277.7561
July	278.9723	270.8492	276.8425
August	270.7327	267.5461	268.9799
September	269.3516	267.4891	268.3075
October	268.4017	267.1149	267.7288
November	268.3801	267.2247	267.5961
December	268.8083	267.0514	267.6700