2023 PLN to INR Historical Review

YEARLY HIGH

21.4069 INR

YEARLY LOW

18.4405 INR

YEARLY AVERAGE

19.6898 INR

2023 PLN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 21.4069. Conversely, the yearly low was recorded on March 5, dropping to 18.4405.

This high-to-low spread represents a total annual volatility of 2.9664 INR. From a start-to-finish perspective, comparing the January average rate of 18.8556 to the December average rate of 20.9894, the exchange rate registered a net change of 11.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.4069 was up 11.83% compared to the 2022 peak of 19.1416, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 428,138 INR

2022 Average 353,319 INR

Yearly Trough Low 368,811 INR

Transaction Impact: A difference of 59,327.33 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.2242

18.4061

JanuMarcMayJulySeptNove

PLN 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 19.2196, compared to 20.1599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9403 points.

H1 Avg (Jan–Jun) 19.2196

H2 Avg (Jul–Dec) 20.1599

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.5176 INR (High: 21.2387 / Low: 19.7212). On the other end, May was the most stable month, with a tight range of 0.4326 INR (High: 19.9120 / Low: 19.4794).

November Spread (Volatile) ±1.5176

May Spread (Stable) ±0.4326

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 0.9940 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.9940

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 20.9894) against the same month in 2022 (average: 18.6602), the exchange rate shifted by +2.3292 (+12.48%).

2023 Avg (December) 20.9894

2022 Avg (December) 18.6602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.5707	18.5710	18.8556
February	19.1335	18.4641	18.6410
March	19.1476	18.4405	18.7700
April	19.7143	18.9892	19.3703
May	19.9120	19.4794	19.7009
June	20.3096	19.5975	19.9800
July	20.7764	20.0317	20.4518
August	20.5842	19.9340	20.2707
September	19.9616	18.8731	19.2767
October	19.9086	18.8197	19.4980
November	21.2387	19.7212	20.4730
December	21.4069	20.6907	20.9894