2023 CDF to NPR Historical Review

YEARLY HIGH

0.0653 NPR

YEARLY LOW

0.0477 NPR

YEARLY AVERAGE

0.0571 NPR

2023 CDF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0653. Conversely, the yearly low was recorded on December 21, dropping to 0.0477.

This high-to-low spread represents a total annual volatility of 0.0176 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0639 to the December average rate of 0.0490, the exchange rate registered a net change of -23.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0653 was up 0.05% compared to the 2022 peak of 0.0652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 326 NPR

2022 Average 311 NPR

Yearly Trough Low 238 NPR

Transaction Impact: A difference of 87.93 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0656

0.0475

JanuMarcMayJulySeptNove

CDF 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 0.0618, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.0618

H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0078 NPR (High: 0.0644 / Low: 0.0566). On the other end, September was the most stable month, with a tight range of 0.0011 NPR (High: 0.0542 / Low: 0.0531).

May Spread (Volatile) ±0.0078

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0046 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0639) against the same month in 2022 (average: 0.0594), the exchange rate shifted by +0.0045 (+7.63%).

2023 Avg (January) 0.0639

2022 Avg (January) 0.0594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0653	0.0630	0.0639
February	0.0648	0.0635	0.0641
March	0.0647	0.0629	0.0636
April	0.0644	0.0595	0.0630
May	0.0644	0.0566	0.0604
June	0.0568	0.0545	0.0557
July	0.0545	0.0515	0.0532
August	0.0543	0.0531	0.0535
September	0.0542	0.0531	0.0535
October	0.0538	0.0512	0.0528
November	0.0542	0.0490	0.0524
December	0.0499	0.0477	0.0490