2023 NPR to SRD Historical Review

YEARLY HIGH

0.2936 SRD

YEARLY LOW

0.2382 SRD

YEARLY AVERAGE

0.2770 SRD

2023 NPR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.2936. Conversely, the yearly low was recorded on January 3, dropping to 0.2382.

This high-to-low spread represents a total annual volatility of 0.0554 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2430 to the December average rate of 0.2803, the exchange rate registered a net change of 15.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2936 was up 20.13% compared to the 2022 peak of 0.2444, 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 1,468 SRD

2022 Average 960 SRD

Yearly Trough Low 1,191 SRD

Transaction Impact: A difference of 276.88 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2939

0.2384

JanuMarcMayJulySeptNove

NPR to SRD 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 0.2676, compared to 0.2865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.2676

H2 Avg (Jul–Dec) 0.2865

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0218 SRD (High: 0.2750 / Low: 0.2533). On the other end, October was the most stable month, with a tight range of 0.0037 SRD (High: 0.2890 / Low: 0.2853).

March Spread (Volatile) ±0.0218

October Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0051 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2892) against the same month in 2022 (average: 0.1800), the exchange rate shifted by +0.1092 (+60.69%).

2023 Avg (July) 0.2892

2022 Avg (July) 0.1800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2497	0.2382	0.2430
February	0.2557	0.2434	0.2483
March	0.2750	0.2533	0.2630
April	0.2888	0.2714	0.2807
May	0.2884	0.2815	0.2836
June	0.2923	0.2825	0.2867
July	0.2936	0.2819	0.2892
August	0.2928	0.2863	0.2889
September	0.2915	0.2867	0.2884
October	0.2890	0.2853	0.2868
November	0.2889	0.2836	0.2854
December	0.2838	0.2756	0.2803