2023 STD to INR Historical Review

YEARLY HIGH

0.0037 INR

YEARLY LOW

0.0035 INR

YEARLY AVERAGE

0.0037 INR

2023 STD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.0037. Conversely, the yearly low was recorded on January 22, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0002 INR. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0037, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0037 was up 2.85% compared to the 2022 peak of 0.0036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 INR

2022 Average 18 INR

Yearly Trough Low 18 INR

Transaction Impact: A difference of 0.98 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0038

0.0036

JanuMarcMayJulySeptNove

STD 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 0.0036, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0036

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 INR (High: 0.0037 / Low: 0.0036). On the other end, November was the most stable month, with a tight range of 0.0000 INR (High: 0.0037 / Low: 0.0037).

July Spread (Volatile) ±0.0001

November Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0037) against the same month in 2022 (average: 0.0036), the exchange rate shifted by +0.0001 (+3.43%).

2023 Avg (December) 0.0037

2022 Avg (December) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0036	0.0035	0.0036
February	0.0036	0.0036	0.0036
March	0.0036	0.0036	0.0036
April	0.0036	0.0036	0.0036
May	0.0036	0.0036	0.0036
June	0.0036	0.0036	0.0036
July	0.0037	0.0036	0.0036
August	0.0037	0.0037	0.0037
September	0.0037	0.0037	0.0037
October	0.0037	0.0037	0.0037
November	0.0037	0.0037	0.0037
December	0.0037	0.0037	0.0037