2023 QAR to NPR Historical Review

YEARLY HIGH

36.8377 NPR

YEARLY LOW

35.6137 NPR

YEARLY AVERAGE

36.2518 NPR

2023 QAR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 36.8377. Conversely, the yearly low was recorded on January 22, dropping to 35.6137.

This high-to-low spread represents a total annual volatility of 1.2241 NPR. From a start-to-finish perspective, comparing the January average rate of 35.9275 to the December average rate of 36.5781, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.8377 was up 0.89% compared to the 2022 peak of 36.5117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 184,189 NPR

2022 Average 172,521 NPR

Yearly Trough Low 178,068 NPR

Transaction Impact: A difference of 6,120.48 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.6432

35.8625

JanuMarcMayJulySeptNove

QAR to NPR 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 36.0729, compared to 36.4306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3577 points.

H1 Avg (Jan–Jun) 36.0729

H2 Avg (Jul–Dec) 36.4306

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.8035 NPR (High: 36.4171 / Low: 35.6137). On the other end, October was the most stable month, with a tight range of 0.1927 NPR (High: 36.6029 / Low: 36.4102).

January Spread (Volatile) ±0.8035

October Spread (Stable) ±0.1927

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1669 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 36.5762) against the same month in 2022 (average: 35.8626), the exchange rate shifted by +0.7137 (+1.99%).

2023 Avg (November) 36.5762

2022 Avg (November) 35.8626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.4171	35.6137	35.9275
February	36.5894	35.8840	36.2356
March	36.4034	35.7838	36.0687
April	36.3643	35.6702	35.9447
May	36.4032	35.8782	36.1572
June	36.3286	35.8379	36.1038
July	36.3743	35.8085	36.0839
August	36.6444	36.0728	36.3584
September	36.6033	36.2934	36.4679
October	36.6029	36.4102	36.5192
November	36.8377	36.3110	36.5762
December	36.7443	36.4378	36.5781