2023 NPR to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NPR to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NPR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 155.9663. Conversely, the yearly low was recorded on February 18, dropping to 126.0530.
This high-to-low spread represents a total annual volatility of 29.9132 LAK. From a start-to-finish perspective, comparing the January average rate of 129.7703 to the December average rate of 154.9329, the exchange rate registered a net change of 19.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 155.9663 was up 10.38% compared to the 2022 peak of 141.2958, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NPR to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 131.6182, compared to 151.2360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.6179 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 10.7250 LAK (High: 144.7760 / Low: 134.0510). On the other end, November was the most stable month, with a tight range of 1.8023 LAK (High: 155.9663 / Low: 154.1639).
Growth Streaks & Declines
TrendsBetween February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 155.4366) against the same month in 2022 (average: 131.3618), the exchange rate shifted by +24.0748 (+18.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 130.9785 | 128.3771 | 129.7703 |
| February | 128.6335 | 126.0530 | 127.6954 |
| March | 129.5685 | 127.5004 | 128.2986 |
| April | 132.4916 | 129.0954 | 130.8453 |
| May | 134.2550 | 132.2568 | 133.3172 |
| June | 144.7760 | 134.0510 | 139.7821 |
| July | 147.1381 | 142.9154 | 145.4530 |
| August | 148.5342 | 144.3142 | 146.7440 |
| September | 153.4539 | 148.1852 | 150.0250 |
| October | 155.7338 | 153.0371 | 154.8246 |
| November | 155.9663 | 154.1639 | 155.4366 |
| December | 155.4723 | 153.5943 | 154.9329 |