YEARLY HIGH
17.4632 INR
YEARLY LOW
16.8931 INR
YEARLY AVERAGE
17.1693 INR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 87,316 INR
2022 Average 81,783 INR
Yearly Trough Low 84,466 INR
Transaction Impact: A difference of 2,850.36 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.3448
16.9863
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 17.1564
H2 Avg (Jul–Dec) 17.1823

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±0.4643
October Spread (Stable) ±0.1384

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1466

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (December) 17.3149
2022 Avg (December) 17.0434

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