2023 BOB to NPR Historical Review

YEARLY HIGH

19.3129 NPR

YEARLY LOW

18.6934 NPR

YEARLY AVERAGE

19.1203 NPR

2023 BOB to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 19.3129. Conversely, the yearly low was recorded on April 30, dropping to 18.6934.

This high-to-low spread represents a total annual volatility of 0.6195 NPR. From a start-to-finish perspective, comparing the January average rate of 18.9461 to the December average rate of 19.2712, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.3129 was up 0.44% compared to the 2022 peak of 19.2275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,565 NPR

2022 Average 91,196 NPR

Yearly Trough Low 93,467 NPR

Transaction Impact: A difference of 3,097.54 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.3205

18.9121

JanuMarcMayJulySeptNove

BOB 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 19.0317, compared to 19.2088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1770 points.

H1 Avg (Jan–Jun) 19.0317

H2 Avg (Jul–Dec) 19.2088

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4096 NPR (High: 19.2018 / Low: 18.7922). On the other end, October was the most stable month, with a tight range of 0.0530 NPR (High: 19.2816 / Low: 19.2286).

January Spread (Volatile) ±0.4096

October Spread (Stable) ±0.0530

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 March and April, when the average rate fell by 0.0957 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 19.2712) against the same month in 2022 (average: 19.0845), the exchange rate shifted by +0.1866 (+0.98%).

2023 Avg (December) 19.2712

2022 Avg (December) 19.0845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.2018	18.7922	18.9461
February	19.1842	18.9472	19.1221
March	19.1768	18.8872	19.0619
April	19.0696	18.6934	18.9662
May	19.1798	18.9151	19.0604
June	19.1432	18.9577	19.0337
July	19.2342	18.9423	19.0283
August	19.3062	19.0223	19.1747
September	19.2737	19.1486	19.2249
October	19.2816	19.2286	19.2673
November	19.3111	19.2389	19.2865
December	19.3129	19.2068	19.2712