2023 BZD to NPR Historical Review

YEARLY HIGH

66.2091 NPR

YEARLY LOW

64.4200 NPR

YEARLY AVERAGE

65.5585 NPR

2023 BZD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 66.2091. Conversely, the yearly low was recorded on January 22, dropping to 64.4200.

This high-to-low spread represents a total annual volatility of 1.7890 NPR. From a start-to-finish perspective, comparing the January average rate of 64.9490 to the December average rate of 66.0691, 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 66.2091 was up 0.17% compared to the 2022 peak of 66.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 331,045 NPR

2022 Average 311,889 NPR

Yearly Trough Low 322,100 NPR

Transaction Impact: A difference of 8,945.20 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

66.2330

64.8323

JanuMarcMayJulySeptNove

BZD 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 65.2645, compared to 65.8526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5881 points.

H1 Avg (Jan–Jun) 65.2645

H2 Avg (Jul–Dec) 65.8526

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.4062 NPR (High: 65.8262 / Low: 64.4200). On the other end, October was the most stable month, with a tight range of 0.1839 NPR (High: 66.1017 / Low: 65.9177).

January Spread (Volatile) ±1.4062

October Spread (Stable) ±0.1839

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 0.3470 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 66.0691) against the same month in 2022 (average: 65.4344), the exchange rate shifted by +0.6347 (+0.97%).

2023 Avg (December) 66.0691

2022 Avg (December) 65.4344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	65.8262	64.4200	64.9490
February	65.7658	64.9528	65.5527
March	66.0408	64.7479	65.4185
April	65.3680	64.8963	65.0715
May	65.7775	64.8318	65.3458
June	65.6251	64.9882	65.2494
July	65.9357	64.9332	65.2461
August	66.1842	65.2127	65.7311
September	66.0709	65.6427	65.9037
October	66.1017	65.9177	66.0493
November	66.1982	65.9572	66.1163
December	66.2091	65.8854	66.0691