YEARLY HIGH
0.0155 BBD
YEARLY LOW
0.0149 BBD
YEARLY AVERAGE
0.0151 BBD

2023 NPR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0155. Conversely, the yearly low was recorded on December 28, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0005 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0150, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0155 was down 8.52% compared to the 2022 peak of 0.0169, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77 BBD
2022 Average 80 BBD
Yearly Trough Low 75 BBD
Transaction Impact: A difference of 2.68 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0153
0.0150
JanuMarcMayJulySeptNove

NPR to BBD 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 0.0152, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 BBD (High: 0.0154 / Low: 0.0151). On the other end, October was the most stable month, with a tight range of 0.0001 BBD (High: 0.0151 / Low: 0.0150).

January Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0153) against the same month in 2022 (average: 0.0164), the exchange rate shifted by -0.0011 (-6.93%).

2023 Avg (April) 0.0153
2022 Avg (April) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0154 0.0151 0.0153
February 0.0153 0.0151 0.0151
March 0.0154 0.0151 0.0152
April 0.0155 0.0152 0.0153
May 0.0153 0.0151 0.0152
June 0.0153 0.0151 0.0152
July 0.0153 0.0151 0.0152
August 0.0152 0.0150 0.0151
September 0.0151 0.0150 0.0151
October 0.0151 0.0150 0.0150
November 0.0151 0.0150 0.0150
December 0.0151 0.0149 0.0150