YEARLY HIGH
0.0547 INR
YEARLY LOW
0.0054 INR
YEARLY AVERAGE
0.0102 INR

2023 LBP to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0547. Conversely, the yearly low was recorded on May 4, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0493 INR. From a start-to-finish perspective, comparing the January average rate of 0.0539 to the December average rate of 0.0055, the exchange rate registered a net change of -89.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0547 was down 0.58% compared to the 2022 peak of 0.0550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 273 INR
2022 Average 259 INR
Yearly Trough Low 27 INR
Transaction Impact: A difference of 246.72 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0588
0.0006
JanuMarcMayJulySeptNove

LBP 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 0.0150, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0493 INR (High: 0.0547 / Low: 0.0054). On the other end, October was the most stable month, with a tight range of 0.0000 INR (High: 0.0056 / Low: 0.0055).

February Spread (Volatile) ±0.0493
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0397 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0539) against the same month in 2022 (average: 0.0493), the exchange rate shifted by +0.0047 (+9.46%).

2023 Avg (January) 0.0539
2022 Avg (January) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0547 0.0533 0.0539
February 0.0547 0.0054 0.0142
March 0.0056 0.0054 0.0055
April 0.0055 0.0054 0.0054
May 0.0055 0.0054 0.0055
June 0.0055 0.0054 0.0054
July 0.0055 0.0054 0.0055
August 0.0055 0.0054 0.0055
September 0.0055 0.0055 0.0055
October 0.0056 0.0055 0.0055
November 0.0056 0.0055 0.0055
December 0.0055 0.0055 0.0055