2023 BIF to NPR Historical Review

YEARLY HIGH

0.0642 NPR

YEARLY LOW

0.0461 NPR

YEARLY AVERAGE

0.0531 NPR

2023 BIF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0642. Conversely, the yearly low was recorded on June 17, dropping to 0.0461.

This high-to-low spread represents a total annual volatility of 0.0181 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0633 to the December average rate of 0.0468, the exchange rate registered a net change of -26.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0642 was down 0.60% compared to the 2022 peak of 0.0646, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 321 NPR

2022 Average 308 NPR

Yearly Trough Low 230 NPR

Transaction Impact: A difference of 90.47 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0655

0.0447

JanuMarcMayJulySeptNove

BIF 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 0.0593, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.0593

H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0165 NPR (High: 0.0634 / Low: 0.0468). On the other end, December was the most stable month, with a tight range of 0.0003 NPR (High: 0.0469 / Low: 0.0466).

May Spread (Volatile) ±0.0165

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0097 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0637) against the same month in 2022 (average: 0.0597), the exchange rate shifted by +0.0040 (+6.73%).

2023 Avg (February) 0.0637

2022 Avg (February) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0642	0.0626	0.0633
February	0.0642	0.0632	0.0637
March	0.0638	0.0628	0.0634
April	0.0633	0.0627	0.0630
May	0.0634	0.0468	0.0562
June	0.0469	0.0461	0.0465
July	0.0468	0.0462	0.0464
August	0.0471	0.0464	0.0468
September	0.0470	0.0466	0.0468
October	0.0470	0.0466	0.0469
November	0.0473	0.0467	0.0469
December	0.0469	0.0466	0.0468