2023 INR to XCD Historical Review

YEARLY HIGH

0.0334 XCD

YEARLY LOW

0.0324 XCD

YEARLY AVERAGE

0.0327 XCD

2023 INR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0334. Conversely, the yearly low was recorded on December 10, dropping to 0.0324.

This high-to-low spread represents a total annual volatility of 0.0010 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0331 to the December average rate of 0.0325, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0334 was down 8.86% compared to the 2022 peak of 0.0366, 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 8,344 XCD

2022 Average 8,606 XCD

Yearly Trough Low 8,098 XCD

Transaction Impact: A difference of 246.24 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0331

0.0324

JanuMarcMayJulySeptNove

INR to XCD 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 0.0329, compared to 0.0326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0329

H2 Avg (Jul–Dec) 0.0326

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 XCD (High: 0.0334 / Low: 0.0326). On the other end, November was the most stable month, with a tight range of 0.0001 XCD (High: 0.0326 / Low: 0.0324).

January Spread (Volatile) ±0.0007

November Spread (Stable) ±0.0001

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 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0331) against the same month in 2022 (average: 0.0363), the exchange rate shifted by -0.0032 (-8.90%).

2023 Avg (January) 0.0331

2022 Avg (January) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0334	0.0326	0.0331
February	0.0331	0.0326	0.0327
March	0.0331	0.0327	0.0329
April	0.0331	0.0328	0.0330
May	0.0331	0.0326	0.0328
June	0.0330	0.0327	0.0329
July	0.0330	0.0327	0.0329
August	0.0328	0.0325	0.0326
September	0.0327	0.0324	0.0325
October	0.0326	0.0324	0.0325
November	0.0326	0.0324	0.0325
December	0.0326	0.0324	0.0325