YEARLY HIGH
0.0156 NPR
YEARLY LOW
0.0148 NPR
YEARLY AVERAGE
0.0153 NPR

2023 GNF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0156. Conversely, the yearly low was recorded on January 13, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0007 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0155, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0156 was up 1.26% compared to the 2022 peak of 0.0154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78 NPR
2022 Average 71 NPR
Yearly Trough Low 74 NPR
Transaction Impact: A difference of 3.72 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0155
0.0151
JanuMarcMayJulySeptNove

GNF 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 0.0152, compared to 0.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0154

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0005 NPR (High: 0.0155 / Low: 0.0150). On the other end, November was the most stable month, with a tight range of 0.0001 NPR (High: 0.0155 / Low: 0.0154).

February Spread (Volatile) ±0.0005
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0155) against the same month in 2022 (average: 0.0152), the exchange rate shifted by +0.0003 (+2.15%).

2023 Avg (December) 0.0155
2022 Avg (December) 0.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0154 0.0148 0.0151
February 0.0155 0.0150 0.0153
March 0.0154 0.0150 0.0152
April 0.0153 0.0151 0.0152
May 0.0154 0.0151 0.0153
June 0.0154 0.0151 0.0152
July 0.0154 0.0152 0.0153
August 0.0155 0.0152 0.0154
September 0.0155 0.0153 0.0154
October 0.0155 0.0154 0.0155
November 0.0155 0.0154 0.0155
December 0.0156 0.0154 0.0155