YEARLY HIGH
36.4261 NPR
YEARLY LOW
35.1753 NPR
YEARLY AVERAGE
35.9607 NPR

2023 AED to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 36.4261. Conversely, the yearly low was recorded on April 30, dropping to 35.1753.

This high-to-low spread represents a total annual volatility of 1.2508 NPR. From a start-to-finish perspective, comparing the January average rate of 35.6440 to the December average rate of 36.3002, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.4261 was up 0.64% compared to the 2022 peak of 36.1941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 182,131 NPR
2022 Average 171,146 NPR
Yearly Trough Low 175,877 NPR
Transaction Impact: A difference of 6,253.92 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.3658
35.5784
JanuMarcMayJulySeptNove

AED to NPR 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 35.7951, compared to 36.1264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3312 points.

H1 Avg (Jan–Jun) 35.7951
H2 Avg (Jul–Dec) 36.1264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.8127 NPR (High: 36.1259 / Low: 35.3132). On the other end, October was the most stable month, with a tight range of 0.1926 NPR (High: 36.2854 / Low: 36.0927).

January Spread (Volatile) ±0.8127
October Spread (Stable) ±0.1926

Growth Streaks & Declines

Trends

Between July and December, 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 0.1645 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1645

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 36.3002) against the same month in 2022 (average: 35.9207), the exchange rate shifted by +0.3795 (+1.06%).

2023 Avg (December) 36.3002
2022 Avg (December) 35.9207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.1259 35.3132 35.6440
February 36.1504 35.6437 35.9787
March 36.0943 35.4731 35.8142
April 35.8901 35.1753 35.6802
May 36.0890 35.5716 35.8513
June 36.0124 35.4889 35.8024
July 36.0564 35.4962 35.7636
August 36.3243 35.7984 36.0720
September 36.2842 35.9887 36.1590
October 36.2854 36.0927 36.2209
November 36.3343 35.9568 36.2425
December 36.4261 36.1753 36.3002