2023 XCD to INR Historical Review

YEARLY HIGH

30.8732 INR

YEARLY LOW

29.9621 INR

YEARLY AVERAGE

30.5531 INR

2023 XCD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 30.8732. Conversely, the yearly low was recorded on January 22, dropping to 29.9621.

This high-to-low spread represents a total annual volatility of 0.9111 INR. From a start-to-finish perspective, comparing the January average rate of 30.2403 to the December average rate of 30.8019, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.8732 was up 0.53% compared to the 2022 peak of 30.7107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154,366 INR

2022 Average 145,423 INR

Yearly Trough Low 149,810 INR

Transaction Impact: A difference of 4,555.53 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.8674

30.1832

JanuMarcMayJulySeptNove

XCD 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 30.4060, compared to 30.7002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2942 points.

H1 Avg (Jan–Jun) 30.4060

H2 Avg (Jul–Dec) 30.7002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.6680 INR (High: 30.6301 / Low: 29.9621). On the other end, November was the most stable month, with a tight range of 0.1328 INR (High: 30.8532 / Low: 30.7204).

January Spread (Volatile) ±0.6680

November Spread (Stable) ±0.1328

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 0.1451 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 30.8019) against the same month in 2022 (average: 30.5063), the exchange rate shifted by +0.2957 (+0.97%).

2023 Avg (December) 30.8019

2022 Avg (December) 30.5063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.6301	29.9621	30.2403
February	30.6871	30.2346	30.5752
March	30.6066	30.2354	30.4301
April	30.4679	30.2237	30.3242
May	30.6766	30.2368	30.4604
June	30.5705	30.3072	30.4059
July	30.6261	30.2731	30.4128
August	30.8161	30.4534	30.6521
September	30.8227	30.6096	30.7288
October	30.8659	30.7179	30.7951
November	30.8532	30.7204	30.8104
December	30.8732	30.6714	30.8019