2023 NPR to BOB Historical Review

YEARLY HIGH

0.0535 BOB

YEARLY LOW

0.0518 BOB

YEARLY AVERAGE

0.0523 BOB

2023 NPR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0535. Conversely, the yearly low was recorded on December 13, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0017 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0519, the exchange rate registered a net change of -1.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0535 was down 8.36% compared to the 2022 peak of 0.0584, 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 267 BOB

2022 Average 274 BOB

Yearly Trough Low 259 BOB

Transaction Impact: A difference of 8.58 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0529

0.0518

JanuMarcMayJulySeptNove

NPR to BOB 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 0.0525, compared to 0.0521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0525

H2 Avg (Jul–Dec) 0.0521

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0011 BOB (High: 0.0532 / Low: 0.0521). On the other end, October was the most stable month, with a tight range of 0.0001 BOB (High: 0.0520 / Low: 0.0519).

January Spread (Volatile) ±0.0011

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 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0527) against the same month in 2022 (average: 0.0565), the exchange rate shifted by -0.0038 (-6.64%).

2023 Avg (April) 0.0527

2022 Avg (April) 0.0565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0532	0.0521	0.0528
February	0.0528	0.0521	0.0523
March	0.0529	0.0521	0.0525
April	0.0535	0.0524	0.0527
May	0.0529	0.0521	0.0525
June	0.0527	0.0522	0.0525
July	0.0528	0.0520	0.0526
August	0.0526	0.0518	0.0522
September	0.0522	0.0519	0.0520
October	0.0520	0.0519	0.0519
November	0.0520	0.0518	0.0518
December	0.0521	0.0518	0.0519