2023 CVE to NPR Historical Review

YEARLY HIGH

1.3420 NPR

YEARLY LOW

1.2547 NPR

YEARLY AVERAGE

1.2939 NPR

2023 CVE to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1.3420. Conversely, the yearly low was recorded on March 8, dropping to 1.2547.

This high-to-low spread represents a total annual volatility of 0.0874 NPR. From a start-to-finish perspective, comparing the January average rate of 1.2775 to the December average rate of 1.3179, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3420 was up 4.94% compared to the 2022 peak of 1.2789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,710 NPR

2022 Average 5,985 NPR

Yearly Trough Low 6,273 NPR

Transaction Impact: A difference of 436.76 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3223

1.2689

JanuMarcMayJulySeptNove

CVE 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 1.2869, compared to 1.3010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 1.2869

H2 Avg (Jul–Dec) 1.3010

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0542 NPR (High: 1.3248 / Low: 1.2706). On the other end, October was the most stable month, with a tight range of 0.0205 NPR (High: 1.2819 / Low: 1.2614).

November Spread (Volatile) ±0.0542

October Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0244 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.3160) against the same month in 2022 (average: 1.1825), the exchange rate shifted by +0.1335 (+11.29%).

2023 Avg (July) 1.3160

2022 Avg (July) 1.1825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2887	1.2620	1.2775
February	1.2977	1.2695	1.2822
March	1.2976	1.2547	1.2763
April	1.3189	1.2862	1.3013
May	1.3084	1.2794	1.2951
June	1.3007	1.2581	1.2889
July	1.3420	1.2915	1.3160
August	1.3253	1.2960	1.3104
September	1.3023	1.2704	1.2861
October	1.2819	1.2614	1.2734
November	1.3248	1.2706	1.3021
December	1.3397	1.2894	1.3179