YEARLY HIGH
0.6254 BTN
YEARLY LOW
0.6248 BTN
YEARLY AVERAGE
0.6250 BTN

2023 NPR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.6254. Conversely, the yearly low was recorded on October 4, dropping to 0.6248.

This high-to-low spread represents a total annual volatility of 0.0006 BTN. From a start-to-finish perspective, comparing the January average rate of 0.6250 to the December average rate of 0.6250, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6254 was down 0.69% compared to the 2022 peak of 0.6298, 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 3,127 BTN
2022 Average 3,125 BTN
Yearly Trough Low 3,124 BTN
Transaction Impact: A difference of 2.93 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6250
0.6250
JanuMarcMayJulySeptNove

NPR to BTN 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 0.6250, compared to 0.6250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.6250
H2 Avg (Jul–Dec) 0.6250

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0005 BTN (High: 0.6254 / Low: 0.6250). On the other end, June was the most stable month, with a tight range of 0.0000 BTN (High: 0.6250 / Low: 0.6250).

May Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.6250) against the same month in 2022 (average: 0.6251), the exchange rate shifted by -0.0000 (-0.01%).

2023 Avg (May) 0.6250
2022 Avg (May) 0.6251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6250 0.6249 0.6250
February 0.6250 0.6250 0.6250
March 0.6250 0.6250 0.6250
April 0.6251 0.6249 0.6250
May 0.6254 0.6250 0.6250
June 0.6250 0.6250 0.6250
July 0.6251 0.6250 0.6250
August 0.6251 0.6250 0.6250
September 0.6251 0.6249 0.6250
October 0.6253 0.6248 0.6250
November 0.6250 0.6249 0.6250
December 0.6251 0.6250 0.6250