YEARLY HIGH
1.5759 NPR
YEARLY LOW
1.4758 NPR
YEARLY AVERAGE
1.5037 NPR

2023 KGS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1.5759. Conversely, the yearly low was recorded on April 30, dropping to 1.4758.

This high-to-low spread represents a total annual volatility of 0.1001 NPR. From a start-to-finish perspective, comparing the January average rate of 1.5299 to the December average rate of 1.4957, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5759 was down 3.99% compared to the 2022 peak of 1.6414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,880 NPR
2022 Average 7,489 NPR
Yearly Trough Low 7,379 NPR
Transaction Impact: A difference of 500.64 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5336
1.4893
JanuMarcMayJulySeptNove

KGS 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 1.5101, compared to 1.4972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 1.5101
H2 Avg (Jul–Dec) 1.4972

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0677 NPR (High: 1.5759 / Low: 1.5083). On the other end, December was the most stable month, with a tight range of 0.0102 NPR (High: 1.5022 / Low: 1.4920).

January Spread (Volatile) ±0.0677
December Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0149 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.5299) against the same month in 2022 (average: 1.4042), the exchange rate shifted by +0.1257 (+8.95%).

2023 Avg (January) 1.5299
2022 Avg (January) 1.4042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5759 1.5083 1.5299
February 1.5334 1.5070 1.5196
March 1.5164 1.4904 1.5046
April 1.5068 1.4758 1.4979
May 1.5142 1.4925 1.5051
June 1.5134 1.4932 1.5036
July 1.5094 1.4900 1.4975
August 1.5127 1.4966 1.5043
September 1.5079 1.4901 1.5000
October 1.5014 1.4863 1.4931
November 1.5015 1.4786 1.4929
December 1.5022 1.4920 1.4957