YEARLY HIGH
0.0209 XCD
YEARLY LOW
0.0202 XCD
YEARLY AVERAGE
0.0205 XCD

2023 NPR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0209. Conversely, the yearly low was recorded on December 28, dropping to 0.0202.

This high-to-low spread represents a total annual volatility of 0.0007 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0203, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0209 was down 8.52% compared to the 2022 peak of 0.0229, 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 105 XCD
2022 Average 108 XCD
Yearly Trough Low 101 XCD
Transaction Impact: A difference of 3.61 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0207
0.0202
JanuMarcMayJulySeptNove

NPR to XCD 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 0.0206, compared to 0.0204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0206
H2 Avg (Jul–Dec) 0.0204

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0005 XCD (High: 0.0208 / Low: 0.0204). On the other end, October was the most stable month, with a tight range of 0.0001 XCD (High: 0.0204 / Low: 0.0203).

January Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0206) against the same month in 2022 (average: 0.0222), the exchange rate shifted by -0.0015 (-6.93%).

2023 Avg (April) 0.0206
2022 Avg (April) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0208 0.0204 0.0206
February 0.0206 0.0204 0.0205
March 0.0207 0.0204 0.0205
April 0.0209 0.0205 0.0206
May 0.0207 0.0204 0.0205
June 0.0207 0.0204 0.0206
July 0.0207 0.0204 0.0206
August 0.0206 0.0203 0.0204
September 0.0204 0.0203 0.0203
October 0.0204 0.0203 0.0203
November 0.0205 0.0203 0.0203
December 0.0203 0.0202 0.0203