2023 GMD to NPR Historical Review

YEARLY HIGH

2.2245 NPR

YEARLY LOW

1.9713 NPR

YEARLY AVERAGE

2.1238 NPR

2023 GMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 2.2245. Conversely, the yearly low was recorded on November 19, dropping to 1.9713.

This high-to-low spread represents a total annual volatility of 0.2532 NPR. From a start-to-finish perspective, comparing the January average rate of 2.1108 to the December average rate of 1.9793, the exchange rate registered a net change of -6.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2245 was down 6.68% compared to the 2022 peak of 2.3837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,122 NPR

2022 Average 11,363 NPR

Yearly Trough Low 9,856 NPR

Transaction Impact: A difference of 1,266.12 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2340

1.9562

JanuMarcMayJulySeptNove

GMD 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 2.1581, compared to 2.0895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0686 points.

H1 Avg (Jan–Jun) 2.1581

H2 Avg (Jul–Dec) 2.0895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1565 NPR (High: 2.2019 / Low: 2.0454). On the other end, December was the most stable month, with a tight range of 0.0218 NPR (High: 1.9932 / Low: 1.9713).

September Spread (Volatile) ±0.1565

December Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.1226 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.2108) against the same month in 2022 (average: 2.3092), the exchange rate shifted by -0.0984 (-4.26%).

2023 Avg (June) 2.2108

2022 Avg (June) 2.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1402	2.0823	2.1108
February	2.1732	2.1291	2.1629
March	2.1689	2.1117	2.1428
April	2.1831	2.0885	2.1188
May	2.2236	2.1708	2.2025
June	2.2245	2.1908	2.2108
July	2.2211	2.1894	2.2024
August	2.2037	2.1700	2.1870
September	2.2019	2.0454	2.1502
October	2.0684	2.0145	2.0276
November	2.0500	1.9713	1.9902
December	1.9932	1.9713	1.9793