2023 SAR to NPR Historical Review

YEARLY HIGH

35.6787 NPR

YEARLY LOW

34.4352 NPR

YEARLY AVERAGE

35.2058 NPR

2023 SAR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 35.6787. Conversely, the yearly low was recorded on April 30, dropping to 34.4352.

This high-to-low spread represents a total annual volatility of 1.2435 NPR. From a start-to-finish perspective, comparing the January average rate of 34.8537 to the December average rate of 35.5408, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.6787 was up 0.92% compared to the 2022 peak of 35.3532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 178,394 NPR

2022 Average 167,412 NPR

Yearly Trough Low 172,176 NPR

Transaction Impact: A difference of 6,217.37 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.6095

34.7850

JanuMarcMayJulySeptNove

SAR 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 35.0348, compared to 35.3768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3420 points.

H1 Avg (Jan–Jun) 35.0348

H2 Avg (Jul–Dec) 35.3768

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7603 NPR (High: 35.2935 / Low: 34.5331). On the other end, October was the most stable month, with a tight range of 0.1848 NPR (High: 35.5293 / Low: 35.3445).

January Spread (Volatile) ±0.7603

October Spread (Stable) ±0.1848

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 0.1943 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1943

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 35.5408) against the same month in 2022 (average: 35.0873), the exchange rate shifted by +0.4534 (+1.29%).

2023 Avg (December) 35.5408

2022 Avg (December) 35.0873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.2935	34.5331	34.8537
February	35.3962	34.8910	35.2254
March	35.3034	34.6836	35.0311
April	35.1459	34.4352	34.9314
May	35.3375	34.8132	35.1041
June	35.2726	34.7491	35.0628
July	35.3021	34.7565	35.0220
August	35.5712	35.0536	35.3212
September	35.5327	35.2840	35.4111
October	35.5293	35.3445	35.4696
November	35.5719	35.3273	35.4960
December	35.6787	35.4188	35.5408