2023 SBD to INR Historical Review

YEARLY HIGH

10.0939 INR

YEARLY LOW

9.7460 INR

YEARLY AVERAGE

9.8948 INR

2023 SBD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 10.0939. Conversely, the yearly low was recorded on July 6, dropping to 9.7460.

This high-to-low spread represents a total annual volatility of 0.3479 INR. From a start-to-finish perspective, comparing the January average rate of 9.8888 to the December average rate of 9.8427, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.0939 was down 0.80% compared to the 2022 peak of 10.1753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,469 INR

2022 Average 48,286 INR

Yearly Trough Low 48,730 INR

Transaction Impact: A difference of 1,739.64 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.0570

9.8041

JanuMarcMayJulySeptNove

SBD 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 9.9243, compared to 9.8653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0590 points.

H1 Avg (Jan–Jun) 9.9243

H2 Avg (Jul–Dec) 9.8653

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2384 INR (High: 10.0159 / Low: 9.7774). On the other end, June was the most stable month, with a tight range of 0.0856 INR (High: 9.9132 / Low: 9.8277).

January Spread (Volatile) ±0.2384

June Spread (Stable) ±0.0856

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1103 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 10.0359) against the same month in 2022 (average: 9.2704), the exchange rate shifted by +0.7655 (+8.26%).

2023 Avg (February) 10.0359

2022 Avg (February) 9.2704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0159	9.7774	9.8888
February	10.0939	9.9108	10.0359
March	10.0824	9.8845	9.9933
April	9.9833	9.8074	9.8830
May	9.9459	9.8136	9.8865
June	9.9132	9.8277	9.8581
July	9.9139	9.7460	9.8251
August	9.9555	9.8344	9.8987
September	9.9452	9.8412	9.8868
October	9.9269	9.7866	9.8688
November	9.9501	9.8100	9.8698
December	9.8906	9.7982	9.8427