YEARLY HIGH
0.1895 INR
YEARLY LOW
0.1732 INR
YEARLY AVERAGE
0.1810 INR

2023 KZT to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.1895. Conversely, the yearly low was recorded on October 19, dropping to 0.1732.

This high-to-low spread represents a total annual volatility of 0.0163 INR. From a start-to-finish perspective, comparing the January average rate of 0.1767 to the December average rate of 0.1813, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1895 was up 1.55% compared to the 2022 peak of 0.1866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 947 INR
2022 Average 853 INR
Yearly Trough Low 866 INR
Transaction Impact: A difference of 81.29 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1857
0.1737
JanuMarcMayJulySeptNove

KZT 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 0.1819, compared to 0.1801 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1819
H2 Avg (Jul–Dec) 0.1801

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0122 INR (High: 0.1895 / Low: 0.1773). On the other end, December was the most stable month, with a tight range of 0.0026 INR (High: 0.1826 / Low: 0.1800).

March Spread (Volatile) ±0.0122
December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0056 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1823) against the same month in 2022 (average: 0.1514), the exchange rate shifted by +0.0309 (+20.43%).

2023 Avg (March) 0.1823
2022 Avg (March) 0.1514

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1789 0.1750 0.1767
February 0.1862 0.1774 0.1830
March 0.1895 0.1773 0.1823
April 0.1849 0.1792 0.1815
May 0.1875 0.1813 0.1845
June 0.1858 0.1806 0.1832
July 0.1868 0.1818 0.1847
August 0.1868 0.1775 0.1828
September 0.1808 0.1734 0.1773
October 0.1777 0.1732 0.1747
November 0.1823 0.1772 0.1798
December 0.1826 0.1800 0.1813