YEARLY HIGH
0.0047 INR
YEARLY LOW
0.0039 INR
YEARLY AVERAGE
0.0044 INR

2023 SLL to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0047. Conversely, the yearly low was recorded on July 31, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0008 INR. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0040, the exchange rate registered a net change of -14.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0047 was down 30.08% compared to the 2022 peak of 0.0067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 INR
2022 Average 29 INR
Yearly Trough Low 20 INR
Transaction Impact: A difference of 3.86 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0048
0.0039
JanuMarcMayJulySeptNove

SLL 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 0.0047, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0008 INR (High: 0.0047 / Low: 0.0039). On the other end, November was the most stable month, with a tight range of 0.0000 INR (High: 0.0040 / Low: 0.0040).

July Spread (Volatile) ±0.0008
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0047) against the same month in 2022 (average: 0.0065), the exchange rate shifted by -0.0019 (-28.54%).

2023 Avg (February) 0.0047
2022 Avg (February) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0046 0.0046
February 0.0047 0.0046 0.0047
March 0.0047 0.0046 0.0047
April 0.0047 0.0046 0.0046
May 0.0047 0.0046 0.0047
June 0.0047 0.0046 0.0047
July 0.0047 0.0039 0.0046
August 0.0040 0.0039 0.0040
September 0.0040 0.0039 0.0040
October 0.0040 0.0040 0.0040
November 0.0040 0.0040 0.0040
December 0.0040 0.0040 0.0040