2023 NPR to KGS Historical Review

YEARLY HIGH

0.6776 KGS

YEARLY LOW

0.6345 KGS

YEARLY AVERAGE

0.6651 KGS

2023 NPR to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.6776. Conversely, the yearly low was recorded on January 4, dropping to 0.6345.

This high-to-low spread represents a total annual volatility of 0.0431 KGS. From a start-to-finish perspective, comparing the January average rate of 0.6538 to the December average rate of 0.6686, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6776 was down 19.96% compared to the 2022 peak of 0.8465, 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 3,388 KGS

2022 Average 3,358 KGS

Yearly Trough Low 3,173 KGS

Transaction Impact: A difference of 215.26 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6714

0.6522

JanuMarcMayJulySeptNove

NPR to KGS 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 0.6623, compared to 0.6679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.6623

H2 Avg (Jul–Dec) 0.6679

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0285 KGS (High: 0.6630 / Low: 0.6345). On the other end, December was the most stable month, with a tight range of 0.0045 KGS (High: 0.6703 / Low: 0.6657).

January Spread (Volatile) ±0.0285

December Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.6676) against the same month in 2022 (average: 0.7132), the exchange rate shifted by -0.0456 (-6.39%).

2023 Avg (April) 0.6676

2022 Avg (April) 0.7132

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6630	0.6345	0.6538
February	0.6636	0.6521	0.6581
March	0.6710	0.6594	0.6646
April	0.6776	0.6637	0.6676
May	0.6700	0.6604	0.6644
June	0.6697	0.6608	0.6651
July	0.6712	0.6625	0.6678
August	0.6682	0.6611	0.6648
September	0.6711	0.6632	0.6667
October	0.6728	0.6660	0.6698
November	0.6763	0.6660	0.6698
December	0.6703	0.6657	0.6686