YEARLY HIGH
0.8618 NPR
YEARLY LOW
0.7042 NPR
YEARLY AVERAGE
0.7604 NPR

2023 LRD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.8618. Conversely, the yearly low was recorded on November 5, dropping to 0.7042.

This high-to-low spread represents a total annual volatility of 0.1576 NPR. From a start-to-finish perspective, comparing the January average rate of 0.8426 to the December average rate of 0.7083, the exchange rate registered a net change of -15.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8618 was down 0.28% compared to the 2022 peak of 0.8642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,309 NPR
2022 Average 4,112 NPR
Yearly Trough Low 3,521 NPR
Transaction Impact: A difference of 788.14 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8583
0.6946
JanuMarcMayJulySeptNove

LRD 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 0.8096, compared to 0.7113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0983 points.

H1 Avg (Jan–Jun) 0.8096
H2 Avg (Jul–Dec) 0.7113

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0535 NPR (High: 0.7818 / Low: 0.7283). On the other end, October was the most stable month, with a tight range of 0.0042 NPR (High: 0.7141 / Low: 0.7099).

June Spread (Volatile) ±0.0535
October Spread (Stable) ±0.0042

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 June and July, when the average rate fell by 0.0383 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.8447) against the same month in 2022 (average: 0.7801), the exchange rate shifted by +0.0646 (+8.28%).

2023 Avg (February) 0.8447
2022 Avg (February) 0.7801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8588 0.8304 0.8426
February 0.8618 0.8317 0.8447
March 0.8598 0.8086 0.8250
April 0.8119 0.7816 0.8033
May 0.7923 0.7821 0.7884
June 0.7818 0.7283 0.7534
July 0.7287 0.7045 0.7151
August 0.7164 0.7050 0.7111
September 0.7156 0.7091 0.7127
October 0.7141 0.7099 0.7119
November 0.7110 0.7042 0.7088
December 0.7119 0.7057 0.7083