2023 EUR to NPR Historical Review

YEARLY HIGH

148.6433 NPR

YEARLY LOW

137.6457 NPR

YEARLY AVERAGE

142.9416 NPR

2023 EUR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 148.6433. Conversely, the yearly low was recorded on March 7, dropping to 137.6457.

This high-to-low spread represents a total annual volatility of 10.9976 NPR. From a start-to-finish perspective, comparing the January average rate of 141.2262 to the December average rate of 145.6237, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 148.6433 was up 4.88% compared to the 2022 peak of 141.7274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 743,217 NPR

2022 Average 661,560 NPR

Yearly Trough Low 688,229 NPR

Transaction Impact: A difference of 54,988.06 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

146.1294

140.0611

JanuMarcMayJulySeptNove

EUR 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 142.2377, compared to 143.6454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4077 points.

H1 Avg (Jan–Jun) 142.2377

H2 Avg (Jul–Dec) 143.6454

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 6.3938 NPR (High: 148.6433 / Low: 142.2496). On the other end, October was the most stable month, with a tight range of 2.5010 NPR (High: 141.9458 / Low: 139.4448).

July Spread (Volatile) ±6.3938

October Spread (Stable) ±2.5010

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 2.7275 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.7275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 145.2651) against the same month in 2022 (average: 129.6538), the exchange rate shifted by +15.6113 (+12.04%).

2023 Avg (July) 145.2651

2022 Avg (July) 129.6538

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	142.6062	139.2806	141.2262
February	144.4323	139.6527	141.4297
March	143.6992	137.6457	140.9430
April	145.7635	141.7673	143.9906
May	147.1959	141.4662	143.2363
June	144.1834	141.0539	142.6003
July	148.6433	142.2496	145.2651
August	146.1075	142.5943	144.5514
September	142.8816	140.0070	141.8239
October	141.9458	139.4448	140.5668
November	146.6358	141.0622	144.0419
December	148.1362	143.7169	145.6237