YEARLY HIGH
112.0538 INR
YEARLY LOW
108.6181 INR
YEARLY AVERAGE
110.2023 INR

2023 XDR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 112.0538. Conversely, the yearly low was recorded on March 5, dropping to 108.6181.

This high-to-low spread represents a total annual volatility of 3.4357 INR. From a start-to-finish perspective, comparing the January average rate of 109.7932 to the December average rate of 111.0175, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 112.0538 was down 3.80% compared to the 2022 peak of 116.4761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 560,269 INR
2022 Average 538,739 INR
Yearly Trough Low 543,091 INR
Transaction Impact: A difference of 17,178.61 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

111.1896
109.1242
JanuMarcMayJulySeptNove

XDR 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 110.1965, compared to 110.2081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 110.1965
H2 Avg (Jul–Dec) 110.2081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.4789 INR (High: 111.0970 / Low: 108.6181). On the other end, October was the most stable month, with a tight range of 1.1503 INR (High: 109.7958 / Low: 108.6455).

March Spread (Volatile) ±2.4789
October Spread (Stable) ±1.1503

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.0151 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 110.6712) against the same month in 2022 (average: 105.1968), the exchange rate shifted by +5.4744 (+5.20%).

2023 Avg (February) 110.6712
2022 Avg (February) 105.1968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.5545 108.8231 109.7932
February 112.0538 109.6196 110.6712
March 111.0970 108.6181 109.7349
April 111.9144 110.1063 110.6138
May 111.8019 109.9852 110.6904
June 110.6166 109.1399 109.6753
July 111.4029 109.0301 110.4511
August 111.8570 109.4859 110.5918
September 110.8161 108.8320 109.7906
October 109.7958 108.6455 109.2963
November 111.2938 109.0269 110.1014
December 111.7631 109.6653 111.0175