2023 KWD to NPR Historical Review

YEARLY HIGH

435.3166 NPR

YEARLY LOW

423.0737 NPR

YEARLY AVERAGE

429.7840 NPR

2023 KWD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 435.3166. Conversely, the yearly low was recorded on April 30, dropping to 423.0737.

This high-to-low spread represents a total annual volatility of 12.2429 NPR. From a start-to-finish perspective, comparing the January average rate of 428.4571 to the December average rate of 433.0048, the exchange rate registered a net change of 1.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 435.3166 was up 0.42% compared to the 2022 peak of 433.5004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,176,583 NPR

2022 Average 2,051,785 NPR

Yearly Trough Low 2,115,368 NPR

Transaction Impact: A difference of 61,214.59 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

433.5401

427.1168

JanuMarcMayJulySeptNove

KWD 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 428.9976, compared to 430.5703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5728 points.

H1 Avg (Jan–Jun) 428.9976

H2 Avg (Jul–Dec) 430.5703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 8.2359 NPR (High: 433.1230 / Low: 424.8871). On the other end, October was the most stable month, with a tight range of 2.5565 NPR (High: 431.0716 / Low: 428.5150).

January Spread (Volatile) ±8.2359

October Spread (Stable) ±2.5565

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.6952 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.6952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 433.0048) against the same month in 2022 (average: 430.4126), the exchange rate shifted by +2.5922 (+0.60%).

2023 Avg (December) 433.0048

2022 Avg (December) 430.4126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	433.1230	424.8871	428.4571
February	434.3707	429.1770	431.7882
March	431.8563	424.6462	429.0930
April	429.8978	423.0737	427.6521
May	431.3069	426.1898	428.9639
June	430.3210	424.5605	428.0312
July	432.5325	425.9805	428.2344
August	433.6583	427.5707	430.2409
September	431.4633	428.3799	430.1868
October	431.0716	428.5150	430.1999
November	432.7358	429.3112	431.5553
December	435.3166	431.5327	433.0048