2023 YER to INR Historical Review

YEARLY HIGH

0.3336 INR

YEARLY LOW

0.3235 INR

YEARLY AVERAGE

0.3299 INR

2023 YER to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.3336. Conversely, the yearly low was recorded on January 21, dropping to 0.3235.

This high-to-low spread represents a total annual volatility of 0.0102 INR. From a start-to-finish perspective, comparing the January average rate of 0.3265 to the December average rate of 0.3327, the exchange rate registered a net change of 1.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3336 was up 0.61% compared to the 2022 peak of 0.3316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,668 INR

2022 Average 1,570 INR

Yearly Trough Low 1,617 INR

Transaction Impact: A difference of 50.78 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3333

0.3259

JanuMarcMayJulySeptNove

YER 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 0.3283, compared to 0.3315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.3283

H2 Avg (Jul–Dec) 0.3315

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0073 INR (High: 0.3307 / Low: 0.3235). On the other end, November was the most stable month, with a tight range of 0.0014 INR (High: 0.3331 / Low: 0.3317).

January Spread (Volatile) ±0.0073

November Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0015 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.3327) against the same month in 2022 (average: 0.3294), the exchange rate shifted by +0.0033 (+1.00%).

2023 Avg (December) 0.3327

2022 Avg (December) 0.3294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3307	0.3235	0.3265
February	0.3313	0.3263	0.3301
March	0.3304	0.3265	0.3286
April	0.3289	0.3264	0.3274
May	0.3312	0.3265	0.3289
June	0.3300	0.3272	0.3282
July	0.3306	0.3269	0.3283
August	0.3327	0.3287	0.3309
September	0.3327	0.3306	0.3317
October	0.3332	0.3316	0.3325
November	0.3331	0.3317	0.3326
December	0.3336	0.3312	0.3327