YEARLY HIGH
0.0020 INR
YEARLY LOW
0.0019 INR
YEARLY AVERAGE
0.0020 INR

2023 IRR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0020. Conversely, the yearly low was recorded on January 26, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0001 INR. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0020, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0020 was down 0.67% compared to the 2022 peak of 0.0020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 10 INR
2022 Average 9 INR
Yearly Trough Low 10 INR
Transaction Impact: A difference of 0.29 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0020
0.0019
JanuMarcMayJulySeptNove

IRR to INR 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 0.0019, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0019
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 INR (High: 0.0020 / Low: 0.0019). On the other end, November was the most stable month, with a tight range of 0.0000 INR (High: 0.0020 / Low: 0.0020).

February Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and December, 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 March and April, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0020) against the same month in 2022 (average: 0.0018), the exchange rate shifted by +0.0002 (+10.30%).

2023 Avg (February) 0.0020
2022 Avg (February) 0.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0019 0.0019
February 0.0020 0.0019 0.0020
March 0.0020 0.0019 0.0020
April 0.0019 0.0019 0.0019
May 0.0020 0.0019 0.0019
June 0.0020 0.0019 0.0019
July 0.0020 0.0019 0.0019
August 0.0020 0.0019 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0020 0.0020
November 0.0020 0.0020 0.0020
December 0.0020 0.0020 0.0020