YEARLY HIGH
12.3611 INR
YEARLY LOW
11.9273 INR
YEARLY AVERAGE
12.1698 INR

2023 TTD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 12.3611. Conversely, the yearly low was recorded on January 22, dropping to 11.9273.

This high-to-low spread represents a total annual volatility of 0.4338 INR. From a start-to-finish perspective, comparing the January average rate of 12.0362 to the December average rate of 12.2448, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.3611 was up 0.39% compared to the 2022 peak of 12.3133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,805 INR
2022 Average 57,893 INR
Yearly Trough Low 59,636 INR
Transaction Impact: A difference of 2,169.13 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.3034
12.0119
JanuMarcMayJulySeptNove

TTD 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 12.1113, compared to 12.2284 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1171 points.

H1 Avg (Jan–Jun) 12.1113
H2 Avg (Jul–Dec) 12.2284

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2813 INR (High: 12.3340 / Low: 12.0528). On the other end, October was the most stable month, with a tight range of 0.1156 INR (High: 12.3246 / Low: 12.2090).

March Spread (Volatile) ±0.2813
October Spread (Stable) ±0.1156

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 0.0460 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0460

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 12.2791) against the same month in 2022 (average: 12.0298), the exchange rate shifted by +0.2493 (+2.07%).

2023 Avg (November) 12.2791
2022 Avg (November) 12.0298

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1834 11.9273 12.0362
February 12.2661 12.0221 12.1680
March 12.3340 12.0528 12.1314
April 12.1900 12.0304 12.0854
May 12.2485 12.0007 12.1328
June 12.1947 12.0566 12.1139
July 12.2705 12.0557 12.1234
August 12.2956 12.1130 12.2080
September 12.3050 12.1738 12.2451
October 12.3246 12.2090 12.2700
November 12.3611 12.2415 12.2791
December 12.2994 12.1498 12.2448