2023 BBD to NPR Historical Review

YEARLY HIGH

66.8929 NPR

YEARLY LOW

64.5816 NPR

YEARLY AVERAGE

66.0384 NPR

2023 BBD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 66.8929. Conversely, the yearly low was recorded on April 30, dropping to 64.5816.

This high-to-low spread represents a total annual volatility of 2.3114 NPR. From a start-to-finish perspective, comparing the January average rate of 65.4596 to the December average rate of 66.6568, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 66.8929 was up 0.64% compared to the 2022 peak of 66.4649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 334,465 NPR

2022 Average 314,312 NPR

Yearly Trough Low 322,908 NPR

Transaction Impact: A difference of 11,556.81 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

66.7766

65.3399

JanuMarcMayJulySeptNove

BBD 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 65.7325, compared to 66.3444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6119 points.

H1 Avg (Jan–Jun) 65.7325

H2 Avg (Jul–Dec) 66.3444

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.4919 NPR (High: 66.3451 / Low: 64.8532). On the other end, October was the most stable month, with a tight range of 0.3532 NPR (High: 66.6381 / Low: 66.2848).

January Spread (Volatile) ±1.4919

October Spread (Stable) ±0.3532

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 0.3070 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 66.6568) against the same month in 2022 (average: 65.9651), the exchange rate shifted by +0.6918 (+1.05%).

2023 Avg (December) 66.6568

2022 Avg (December) 65.9651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.3451	64.8532	65.4596
February	66.3911	65.4615	66.0746
March	66.2815	65.1445	65.7676
April	65.9014	64.5816	65.5159
May	66.2630	65.3136	65.8266
June	66.1363	65.1753	65.7507
July	66.2194	65.1893	65.6800
August	66.7112	65.7443	66.2469
September	66.6363	66.0917	66.4062
October	66.6381	66.2848	66.5200
November	66.7171	66.0349	66.5563
December	66.8929	66.4304	66.6568