YEARLY HIGH
2.4291 NPR
YEARLY LOW
2.2877 NPR
YEARLY AVERAGE
2.3594 NPR

2023 DOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 2.4291. Conversely, the yearly low was recorded on January 22, dropping to 2.2877.

This high-to-low spread represents a total annual volatility of 0.1414 NPR. From a start-to-finish perspective, comparing the January average rate of 2.3136 to the December average rate of 2.3255, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4291 was down 2.55% compared to the 2022 peak of 2.4927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,145 NPR
2022 Average 11,450 NPR
Yearly Trough Low 11,438 NPR
Transaction Impact: A difference of 707.03 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4243
2.3035
JanuMarcMayJulySeptNove

DOP 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 2.3777, compared to 2.3412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 2.3777
H2 Avg (Jul–Dec) 2.3412

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0709 NPR (High: 2.3828 / Low: 2.3119). On the other end, October was the most stable month, with a tight range of 0.0130 NPR (High: 2.3482 / Low: 2.3352).

February Spread (Volatile) ±0.0709
October Spread (Stable) ±0.0130

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0424 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 2.4143) against the same month in 2022 (average: 2.2407), the exchange rate shifted by +0.1736 (+7.75%).

2023 Avg (May) 2.4143
2022 Avg (May) 2.2407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3575 2.2877 2.3136
February 2.3828 2.3119 2.3524
March 2.4144 2.3598 2.3938
April 2.4100 2.3794 2.3955
May 2.4291 2.3956 2.4143
June 2.4207 2.3709 2.3965
July 2.3784 2.3291 2.3541
August 2.3542 2.3278 2.3398
September 2.3485 2.3234 2.3401
October 2.3482 2.3352 2.3423
November 2.3685 2.3313 2.3455
December 2.3460 2.2949 2.3255