2023 NPR to GMD Historical Review

YEARLY HIGH

0.5073 GMD

YEARLY LOW

0.4495 GMD

YEARLY AVERAGE

0.4716 GMD

2023 NPR to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.5073. Conversely, the yearly low was recorded on June 12, dropping to 0.4495.

This high-to-low spread represents a total annual volatility of 0.0577 GMD. From a start-to-finish perspective, comparing the January average rate of 0.4738 to the December average rate of 0.5052, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5073 was up 5.74% compared to the 2022 peak of 0.4797, 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 2,536 GMD

2022 Average 2,203 GMD

Yearly Trough Low 2,248 GMD

Transaction Impact: A difference of 288.74 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5105

0.4470

JanuMarcMayJulySeptNove

NPR to GMD 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 0.4635, compared to 0.4796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.4635

H2 Avg (Jul–Dec) 0.4796

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0348 GMD (High: 0.4889 / Low: 0.4541). On the other end, December was the most stable month, with a tight range of 0.0056 GMD (High: 0.5073 / Low: 0.5017).

September Spread (Volatile) ±0.0348

December Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0180 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5025) against the same month in 2022 (average: 0.4683), the exchange rate shifted by +0.0342 (+7.31%).

2023 Avg (November) 0.5025

2022 Avg (November) 0.4683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4802	0.4673	0.4738
February	0.4697	0.4602	0.4624
March	0.4735	0.4611	0.4667
April	0.4788	0.4581	0.4720
May	0.4607	0.4497	0.4540
June	0.4565	0.4495	0.4523
July	0.4567	0.4502	0.4540
August	0.4608	0.4538	0.4573
September	0.4889	0.4541	0.4654
October	0.4964	0.4835	0.4932
November	0.5073	0.4878	0.5025
December	0.5073	0.5017	0.5052