YEARLY HIGH
0.0116 INR
YEARLY LOW
0.0109 INR
YEARLY AVERAGE
0.0113 INR

2023 PYG to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0116. Conversely, the yearly low was recorded on January 22, dropping to 0.0109.

This high-to-low spread represents a total annual volatility of 0.0007 INR. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0113, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0116 was down 0.76% compared to the 2022 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 INR
2022 Average 56 INR
Yearly Trough Low 55 INR
Transaction Impact: A difference of 3.51 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0115
0.0110
JanuMarcMayJulySeptNove

PYG 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 0.0113, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0113
H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 INR (High: 0.0113 / Low: 0.0109). On the other end, September was the most stable month, with a tight range of 0.0001 INR (High: 0.0115 / Low: 0.0114).

January Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0114) against the same month in 2022 (average: 0.0109), the exchange rate shifted by +0.0005 (+4.59%).

2023 Avg (March) 0.0114
2022 Avg (March) 0.0109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0113 0.0109 0.0111
February 0.0114 0.0111 0.0113
March 0.0116 0.0113 0.0114
April 0.0116 0.0112 0.0114
May 0.0115 0.0113 0.0114
June 0.0115 0.0113 0.0113
July 0.0114 0.0113 0.0113
August 0.0115 0.0113 0.0114
September 0.0115 0.0114 0.0114
October 0.0114 0.0111 0.0113
November 0.0113 0.0111 0.0112
December 0.0114 0.0112 0.0113