YEARLY HIGH
0.1526 INR
YEARLY LOW
0.1360 INR
YEARLY AVERAGE
0.1385 INR

2023 SDG to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.1526. Conversely, the yearly low was recorded on July 24, dropping to 0.1360.

This high-to-low spread represents a total annual volatility of 0.0166 INR. From a start-to-finish perspective, comparing the January average rate of 0.1417 to the December average rate of 0.1385, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1526 was down 13.51% compared to the 2022 peak of 0.1764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 763 INR
2022 Average 796 INR
Yearly Trough Low 680 INR
Transaction Impact: A difference of 82.94 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1422
0.1362
JanuMarcMayJulySeptNove

SDG 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 0.1389, compared to 0.1381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1389
H2 Avg (Jul–Dec) 0.1381

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0145 INR (High: 0.1526 / Low: 0.1381). On the other end, October was the most stable month, with a tight range of 0.0009 INR (High: 0.1389 / Low: 0.1380).

November Spread (Volatile) ±0.0145
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and November, 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 March and April, when the average rate fell by 0.0024 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1391) against the same month in 2022 (average: 0.1433), the exchange rate shifted by -0.0042 (-2.91%).

2023 Avg (November) 0.1391
2022 Avg (November) 0.1433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1448 0.1395 0.1417
February 0.1419 0.1400 0.1411
March 0.1451 0.1377 0.1395
April 0.1432 0.1361 0.1371
May 0.1380 0.1363 0.1372
June 0.1374 0.1362 0.1367
July 0.1378 0.1360 0.1367
August 0.1386 0.1368 0.1378
September 0.1386 0.1375 0.1381
October 0.1389 0.1380 0.1385
November 0.1526 0.1381 0.1391
December 0.1388 0.1379 0.1385