2023 BWP to NPR Historical Review

YEARLY HIGH

10.4111 NPR

YEARLY LOW

9.5888 NPR

YEARLY AVERAGE

9.8938 NPR

2023 BWP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 10.4111. Conversely, the yearly low was recorded on October 5, dropping to 9.5888.

This high-to-low spread represents a total annual volatility of 0.8223 NPR. From a start-to-finish perspective, comparing the January average rate of 10.2490 to the December average rate of 9.8711, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.4111 was down 2.12% compared to the 2022 peak of 10.6367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,055 NPR

2022 Average 50,865 NPR

Yearly Trough Low 47,944 NPR

Transaction Impact: A difference of 4,111.45 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.3053

9.6297

JanuMarcMayJulySeptNove

BWP 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 9.9740, compared to 9.8136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1604 points.

H1 Avg (Jan–Jun) 9.9740

H2 Avg (Jul–Dec) 9.8136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.4322 NPR (High: 10.3585 / Low: 9.9263). On the other end, September was the most stable month, with a tight range of 0.1384 NPR (High: 9.8035 / Low: 9.6651).

February Spread (Volatile) ±0.4322

September Spread (Stable) ±0.1384

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2086 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.2490) against the same month in 2022 (average: 10.2572), the exchange rate shifted by -0.0082 (-0.08%).

2023 Avg (January) 10.2490

2022 Avg (January) 10.2572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4111	10.1412	10.2490
February	10.3585	9.9263	10.1012
March	10.0881	9.7887	9.9509
April	10.0962	9.8821	9.9840
May	9.9477	9.5941	9.7754
June	9.9130	9.5903	9.7836
July	10.0930	9.6706	9.9238
August	9.9639	9.7633	9.8192
September	9.8035	9.6651	9.7322
October	9.7696	9.5888	9.6860
November	9.9379	9.7655	9.8491
December	9.9669	9.7380	9.8711