2023 HTG to NPR Historical Review

YEARLY HIGH

1.0105 NPR

YEARLY LOW

0.8412 NPR

YEARLY AVERAGE

0.9358 NPR

2023 HTG to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.0105. Conversely, the yearly low was recorded on April 18, dropping to 0.8412.

This high-to-low spread represents a total annual volatility of 0.1693 NPR. From a start-to-finish perspective, comparing the January average rate of 0.8820 to the December average rate of 1.0082, the exchange rate registered a net change of 14.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0105 was down 16.18% compared to the 2022 peak of 1.2056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,053 NPR

2022 Average 5,395 NPR

Yearly Trough Low 4,206 NPR

Transaction Impact: A difference of 846.40 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0245

0.8288

JanuMarcMayJulySeptNove

HTG 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 0.8857, compared to 0.9859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1002 points.

H1 Avg (Jan–Jun) 0.8857

H2 Avg (Jul–Dec) 0.9859

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1001 NPR (High: 0.9452 / Low: 0.8452). On the other end, December was the most stable month, with a tight range of 0.0055 NPR (High: 1.0105 / Low: 1.0051).

May Spread (Volatile) ±0.1001

December Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0234 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.0082) against the same month in 2022 (average: 0.9115), the exchange rate shifted by +0.0967 (+10.61%).

2023 Avg (December) 1.0082

2022 Avg (December) 0.9115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8980	0.8705	0.8820
February	0.8875	0.8711	0.8799
March	0.8754	0.8464	0.8565
April	0.8514	0.8412	0.8451
May	0.9452	0.8452	0.9062
June	0.9509	0.9369	0.9442
July	0.9634	0.9443	0.9540
August	0.9816	0.9630	0.9734
September	0.9902	0.9745	0.9818
October	1.0031	0.9806	0.9931
November	1.0076	1.0011	1.0046
December	1.0105	1.0051	1.0082