2023 NPR to GBP Historical Review

YEARLY HIGH

0.0065 GBP

YEARLY LOW

0.0058 GBP

YEARLY AVERAGE

0.0061 GBP

2023 NPR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0065. Conversely, the yearly low was recorded on July 13, dropping to 0.0058.

This high-to-low spread represents a total annual volatility of 0.0007 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0059, the exchange rate registered a net change of -5.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0065 was down 9.26% compared to the 2022 peak of 0.0071, 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 32 GBP

2022 Average 32 GBP

Yearly Trough Low 29 GBP

Transaction Impact: A difference of 3.64 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0063

0.0059

JanuMarcMayJulySeptNove

NPR to GBP 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 0.0062, compared to 0.0060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0062

H2 Avg (Jul–Dec) 0.0060

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 GBP (High: 0.0065 / Low: 0.0061). On the other end, May was the most stable month, with a tight range of 0.0001 GBP (High: 0.0061 / Low: 0.0060).

March Spread (Volatile) ±0.0003

May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0063) against the same month in 2022 (average: 0.0062), the exchange rate shifted by +0.0000 (+0.54%).

2023 Avg (March) 0.0063

2022 Avg (March) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0062	0.0062
February	0.0063	0.0062	0.0063
March	0.0065	0.0061	0.0063
April	0.0062	0.0061	0.0061
May	0.0061	0.0060	0.0061
June	0.0061	0.0059	0.0060
July	0.0060	0.0058	0.0059
August	0.0060	0.0059	0.0059
September	0.0062	0.0060	0.0061
October	0.0062	0.0061	0.0062
November	0.0062	0.0059	0.0060
December	0.0060	0.0059	0.0059