2023 SCR to INR Historical Review

YEARLY HIGH

6.5354 INR

YEARLY LOW

5.7570 INR

YEARLY AVERAGE

6.1474 INR

2023 SCR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 6.5354. Conversely, the yearly low was recorded on January 26, dropping to 5.7570.

This high-to-low spread represents a total annual volatility of 0.7784 INR. From a start-to-finish perspective, comparing the January average rate of 6.0384 to the December average rate of 6.1982, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.5354 was up 0.86% compared to the 2022 peak of 6.4795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,677 INR

2022 Average 29,043 INR

Yearly Trough Low 28,785 INR

Transaction Impact: A difference of 3,892.04 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.3537

5.9667

JanuMarcMayJulySeptNove

SCR 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 6.0701, compared to 6.2247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1547 points.

H1 Avg (Jan–Jun) 6.0701

H2 Avg (Jul–Dec) 6.2247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.6486 INR (High: 6.4055 / Low: 5.7570). On the other end, August was the most stable month, with a tight range of 0.1701 INR (High: 6.2594 / Low: 6.0893).

January Spread (Volatile) ±0.6486

August Spread (Stable) ±0.1701

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.1015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 6.2472) against the same month in 2022 (average: 6.1675), the exchange rate shifted by +0.0797 (+1.29%).

2023 Avg (October) 6.2472

2022 Avg (October) 6.1675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4055	5.7570	6.0384
February	6.3654	5.8010	6.1011
March	6.3112	5.8266	6.1133
April	6.3577	5.8423	6.0683
May	6.2981	5.8674	6.1004
June	6.2612	5.7902	5.9989
July	6.3335	5.7872	6.1523
August	6.2594	6.0893	6.1949
September	6.5272	6.0963	6.3214
October	6.5354	6.0084	6.2472
November	6.3917	6.0748	6.2344
December	6.4607	5.9498	6.1982