2023 NPR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NPR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NPR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 116.8718. Conversely, the yearly low was recorded on January 2, dropping to 11.4165.
This high-to-low spread represents a total annual volatility of 105.4553 LBP. From a start-to-finish perspective, comparing the January average rate of 11.5793 to the December average rate of 112.8943, the exchange rate registered a net change of 874.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 116.8718 was up 812.56% compared to the 2022 peak of 12.8071, 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 LBP 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 94.4692, compared to 113.3691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.8998 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 104.9877 LBP (High: 116.4648 / Low: 11.4771). On the other end, January was the most stable month, with a tight range of 0.2767 LBP (High: 11.6932 / Low: 11.4165).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 1.0307 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 114.6105) against the same month in 2022 (average: 12.4161), the exchange rate shifted by +102.1944 (+823.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.6932 | 11.4165 | 11.5793 |
| February | 116.4648 | 11.4771 | 95.8305 |
| March | 116.8718 | 113.5417 | 114.6105 |
| April | 116.6195 | 113.9396 | 115.2078 |
| May | 116.6981 | 113.1974 | 114.5878 |
| June | 116.5095 | 113.4679 | 114.9996 |
| July | 116.6077 | 113.2484 | 114.6914 |
| August | 115.3493 | 113.0617 | 113.6607 |
| September | 114.3656 | 112.8139 | 113.3438 |
| October | 113.3291 | 112.5141 | 112.8999 |
| November | 113.0562 | 111.7857 | 112.7244 |
| December | 113.1756 | 112.6190 | 112.8943 |