2023 LYD to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LYD to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LYD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 17.4632. Conversely, the yearly low was recorded on March 9, dropping to 16.8931.
This high-to-low spread represents a total annual volatility of 0.5701 INR. From a start-to-finish perspective, comparing the January average rate of 17.0924 to the December average rate of 17.3149, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 17.4632 was up 1.45% compared to the 2022 peak of 17.2139, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LYD to INR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.1564, compared to 17.1823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0259 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 0.4643 INR (High: 17.3575 / Low: 16.8931). On the other end, October was the most stable month, with a tight range of 0.1384 INR (High: 17.0813 / Low: 16.9429).
Growth Streaks & Declines
TrendsBetween March and May, 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 May and June, when the average rate fell by 0.1466 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 17.3149) against the same month in 2022 (average: 17.0434), the exchange rate shifted by +0.2715 (+1.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.2268 | 16.9429 | 17.0924 |
| February | 17.4363 | 17.0460 | 17.2353 |
| March | 17.3575 | 16.8931 | 17.1148 |
| April | 17.3926 | 17.1198 | 17.2127 |
| May | 17.3196 | 17.0919 | 17.2149 |
| June | 17.1992 | 16.9997 | 17.0683 |
| July | 17.3435 | 17.0449 | 17.2343 |
| August | 17.3479 | 17.0703 | 17.2265 |
| September | 17.2224 | 16.9795 | 17.1167 |
| October | 17.0813 | 16.9429 | 17.0162 |
| November | 17.3828 | 16.9885 | 17.1849 |
| December | 17.4632 | 17.2037 | 17.3149 |