YEARLY HIGH
0.0092 XDR
YEARLY LOW
0.0089 XDR
YEARLY AVERAGE
0.0091 XDR

2023 INR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 0.0092. Conversely, the yearly low was recorded on February 6, dropping to 0.0089.

This high-to-low spread represents a total annual volatility of 0.0003 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0090, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0092 was down 4.99% compared to the 2022 peak of 0.0097, 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 2,302 XDR
2022 Average 2,322 XDR
Yearly Trough Low 2,231 XDR
Transaction Impact: A difference of 70.57 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0092
0.0090
JanuMarcMayJulySeptNove

INR to XDR 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 0.0091, compared to 0.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0091
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0002 XDR (High: 0.0092 / Low: 0.0090). On the other end, October was the most stable month, with a tight range of 0.0001 XDR (High: 0.0092 / Low: 0.0091).

March Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0091) against the same month in 2022 (average: 0.0094), the exchange rate shifted by -0.0003 (-3.17%).

2023 Avg (March) 0.0091
2022 Avg (March) 0.0094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0092 0.0090 0.0091
February 0.0091 0.0089 0.0090
March 0.0092 0.0090 0.0091
April 0.0091 0.0089 0.0090
May 0.0091 0.0089 0.0090
June 0.0092 0.0090 0.0091
July 0.0092 0.0090 0.0091
August 0.0091 0.0089 0.0090
September 0.0092 0.0090 0.0091
October 0.0092 0.0091 0.0091
November 0.0092 0.0090 0.0091
December 0.0091 0.0089 0.0090