YEARLY HIGH
0.1087 SCR
YEARLY LOW
0.0955 SCR
YEARLY AVERAGE
0.1018 SCR

2023 NPR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1087. Conversely, the yearly low was recorded on September 20, dropping to 0.0955.

This high-to-low spread represents a total annual volatility of 0.0132 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1035 to the December average rate of 0.1008, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1087 was down 14.14% compared to the 2022 peak of 0.1266, 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 543 SCR
2022 Average 540 SCR
Yearly Trough Low 478 SCR
Transaction Impact: A difference of 65.78 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1048
0.0984
JanuMarcMayJulySeptNove

NPR to SCR 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 0.1031, compared to 0.1005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1031
H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0112 SCR (High: 0.1087 / Low: 0.0975). On the other end, August was the most stable month, with a tight range of 0.0028 SCR (High: 0.1024 / Low: 0.0996).

January Spread (Volatile) ±0.0112
August Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1035) against the same month in 2022 (average: 0.1157), the exchange rate shifted by -0.0122 (-10.56%).

2023 Avg (January) 0.1035
2022 Avg (January) 0.1157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1087 0.0975 0.1035
February 0.1074 0.0982 0.1026
March 0.1077 0.0988 0.1024
April 0.1072 0.0983 0.1031
May 0.1066 0.0992 0.1026
June 0.1079 0.0997 0.1042
July 0.1080 0.0990 0.1018
August 0.1024 0.0996 0.1009
September 0.1024 0.0955 0.0989
October 0.1038 0.0957 0.1002
November 0.1030 0.0978 0.1004
December 0.1049 0.0966 0.1008