2023 RSD to NPR Historical Review

YEARLY HIGH

1.2675 NPR

YEARLY LOW

1.1733 NPR

YEARLY AVERAGE

1.2185 NPR

2023 RSD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1.2675. Conversely, the yearly low was recorded on March 7, dropping to 1.1733.

This high-to-low spread represents a total annual volatility of 0.0942 NPR. From a start-to-finish perspective, comparing the January average rate of 1.2032 to the December average rate of 1.2421, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2675 was up 4.99% compared to the 2022 peak of 1.2073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,338 NPR

2022 Average 5,633 NPR

Yearly Trough Low 5,866 NPR

Transaction Impact: A difference of 471.12 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2465

1.1944

JanuMarcMayJulySeptNove

RSD 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 1.2120, compared to 1.2250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 1.2120

H2 Avg (Jul–Dec) 1.2250

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0533 NPR (High: 1.2675 / Low: 1.2142). On the other end, October was the most stable month, with a tight range of 0.0226 NPR (High: 1.2114 / Low: 1.1889).

July Spread (Volatile) ±0.0533

October Spread (Stable) ±0.0226

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.2391) against the same month in 2022 (average: 1.1047), the exchange rate shifted by +0.1344 (+12.17%).

2023 Avg (July) 1.2391

2022 Avg (July) 1.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2148	1.1870	1.2032
February	1.2302	1.1896	1.2053
March	1.2247	1.1733	1.2015
April	1.2372	1.2122	1.2257
May	1.2346	1.2064	1.2199
June	1.2293	1.2042	1.2163
July	1.2675	1.2142	1.2391
August	1.2442	1.2157	1.2326
September	1.2184	1.1936	1.2090
October	1.2114	1.1889	1.1987
November	1.2502	1.2038	1.2285
December	1.2643	1.2255	1.2421