YEARLY HIGH
0.0838 TTD
YEARLY LOW
0.0809 TTD
YEARLY AVERAGE
0.0822 TTD

2023 INR to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0838. Conversely, the yearly low was recorded on November 5, dropping to 0.0809.

This high-to-low spread represents a total annual volatility of 0.0029 TTD. From a start-to-finish perspective, comparing the January average rate of 0.0831 to the December average rate of 0.0817, the exchange rate registered a net change of -1.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0838 was down 9.09% compared to the 2022 peak of 0.0922, 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 20,960 TTD
2022 Average 21,618 TTD
Yearly Trough Low 20,225 TTD
Transaction Impact: A difference of 735.63 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0833
0.0813
JanuMarcMayJulySeptNove

INR to TTD 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 0.0826, compared to 0.0818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0826
H2 Avg (Jul–Dec) 0.0818

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0019 TTD (High: 0.0830 / Low: 0.0811). On the other end, October was the most stable month, with a tight range of 0.0008 TTD (High: 0.0819 / Low: 0.0811).

March Spread (Volatile) ±0.0019
October Spread (Stable) ±0.0008

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0831) against the same month in 2022 (average: 0.0912), the exchange rate shifted by -0.0081 (-8.89%).

2023 Avg (January) 0.0831
2022 Avg (January) 0.0912

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0838 0.0821 0.0831
February 0.0832 0.0815 0.0822
March 0.0830 0.0811 0.0824
April 0.0831 0.0820 0.0827
May 0.0833 0.0816 0.0824
June 0.0829 0.0820 0.0826
July 0.0829 0.0815 0.0825
August 0.0826 0.0813 0.0819
September 0.0821 0.0813 0.0817
October 0.0819 0.0811 0.0815
November 0.0817 0.0809 0.0814
December 0.0823 0.0813 0.0817