YEARLY HIGH
160.0218 SLL
YEARLY LOW
133.0374 SLL
YEARLY AVERAGE
144.3818 SLL

2023 NPR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 160.0218. Conversely, the yearly low was recorded on February 15, dropping to 133.0374.

This high-to-low spread represents a total annual volatility of 26.9844 SLL. From a start-to-finish perspective, comparing the January average rate of 134.9378 to the December average rate of 157.2949, the exchange rate registered a net change of 16.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 160.0218 was up 16.21% compared to the 2022 peak of 137.6987, 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 800,109 SLL
2022 Average 543,919 SLL
Yearly Trough Low 665,187 SLL
Transaction Impact: A difference of 134,921.93 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

160.7288
131.2166
JanuMarcMayJulySeptNove

NPR to SLL 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 134.3747, compared to 154.3889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.0142 points.

H1 Avg (Jan–Jun) 134.3747
H2 Avg (Jul–Dec) 154.3889

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 26.6395 SLL (High: 160.0218 / Low: 133.3823). On the other end, October was the most stable month, with a tight range of 0.8384 SLL (High: 158.1772 / Low: 157.3387).

July Spread (Volatile) ±26.6395
October Spread (Stable) ±0.8384

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 1.2619 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 137.7287) against the same month in 2022 (average: 106.3650), the exchange rate shifted by +31.3637 (+29.49%).

2023 Avg (July) 137.7287
2022 Avg (July) 106.3650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 136.1922 133.1296 134.9378
February 134.9266 133.0374 133.6760
March 135.5832 133.2574 134.3020
April 136.7650 134.0260 134.8166
May 135.2322 133.2947 134.1810
June 135.5190 133.5501 134.3349
July 160.0218 133.3823 137.7287
August 159.4776 157.1663 158.2695
September 158.6394 157.3429 157.8889
October 158.1772 157.3387 157.6183
November 158.7758 157.1525 157.5329
December 157.8305 156.7393 157.2949