YEARLY HIGH
0.0645 SBD
YEARLY LOW
0.0620 SBD
YEARLY AVERAGE
0.0632 SBD

2023 NPR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0645. Conversely, the yearly low was recorded on February 7, dropping to 0.0620.

This high-to-low spread represents a total annual volatility of 0.0026 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0631 to the December average rate of 0.0634, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0645 was down 5.60% compared to the 2022 peak of 0.0684, 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 323 SBD
2022 Average 324 SBD
Yearly Trough Low 310 SBD
Transaction Impact: A difference of 12.80 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0638
0.0622
JanuMarcMayJulySeptNove

NPR to SBD 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 0.0630, compared to 0.0634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0630
H2 Avg (Jul–Dec) 0.0634

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0018 SBD (High: 0.0645 / Low: 0.0627). On the other end, May was the most stable month, with a tight range of 0.0008 SBD (High: 0.0636 / Low: 0.0629).

April Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0633) against the same month in 2022 (average: 0.0657), the exchange rate shifted by -0.0024 (-3.70%).

2023 Avg (April) 0.0633
2022 Avg (April) 0.0657

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0640 0.0623 0.0631
February 0.0629 0.0620 0.0623
March 0.0633 0.0620 0.0626
April 0.0645 0.0627 0.0633
May 0.0636 0.0629 0.0632
June 0.0638 0.0630 0.0634
July 0.0643 0.0632 0.0637
August 0.0636 0.0627 0.0632
September 0.0636 0.0628 0.0632
October 0.0639 0.0630 0.0634
November 0.0639 0.0629 0.0634
December 0.0638 0.0630 0.0634