2023 GTQ to NPR Historical Review

YEARLY HIGH

17.0505 NPR

YEARLY LOW

16.5413 NPR

YEARLY AVERAGE

16.8690 NPR

2023 GTQ to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GTQ to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 17.0505. Conversely, the yearly low was recorded on January 22, dropping to 16.5413.

This high-to-low spread represents a total annual volatility of 0.5092 NPR. From a start-to-finish perspective, comparing the January average rate of 16.6814 to the December average rate of 17.0211, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.0505 was up 0.52% compared to the 2022 peak of 16.9631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,252 NPR

2022 Average 81,092 NPR

Yearly Trough Low 82,707 NPR

Transaction Impact: A difference of 2,545.81 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.0551

16.6474

JanuMarcMayJulySeptNove

GTQ 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 16.8191, compared to 16.9189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0999 points.

H1 Avg (Jan–Jun) 16.8191

H2 Avg (Jul–Dec) 16.9189

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3666 NPR (High: 16.9079 / Low: 16.5413). On the other end, December was the most stable month, with a tight range of 0.0670 NPR (High: 17.0503 / Low: 16.9833).

January Spread (Volatile) ±0.3666

December Spread (Stable) ±0.0670

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0864 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 17.0169) against the same month in 2022 (average: 16.7342), the exchange rate shifted by +0.2827 (+1.69%).

2023 Avg (November) 17.0169

2022 Avg (November) 16.7342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.9079	16.5413	16.6814
February	16.9626	16.6784	16.8725
March	16.9884	16.7109	16.8825
April	16.8919	16.7625	16.8197
May	16.9788	16.7432	16.8724
June	16.8941	16.7169	16.7860
July	16.9468	16.6724	16.7590
August	16.9843	16.7188	16.8639
September	16.9391	16.8014	16.8819
October	16.9915	16.9043	16.9708
November	17.0505	16.9813	17.0169
December	17.0503	16.9833	17.0211