2023 SBD to NPR Historical Review

YEARLY HIGH

16.1365 NPR

YEARLY LOW

15.4965 NPR

YEARLY AVERAGE

15.8272 NPR

2023 SBD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 16.1365. Conversely, the yearly low was recorded on April 30, dropping to 15.4965.

This high-to-low spread represents a total annual volatility of 0.6400 NPR. From a start-to-finish perspective, comparing the January average rate of 15.8412 to the December average rate of 15.7629, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.1365 was down 0.94% compared to the 2022 peak of 16.2902, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,682 NPR

2022 Average 77,234 NPR

Yearly Trough Low 77,482 NPR

Transaction Impact: A difference of 3,199.94 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.0848

15.6678

JanuMarcMayJulySeptNove

SBD 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 15.8772, compared to 15.7772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1001 points.

H1 Avg (Jan–Jun) 15.8772

H2 Avg (Jul–Dec) 15.7772

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.4492 NPR (High: 15.9457 / Low: 15.4965). On the other end, May was the most stable month, with a tight range of 0.1878 NPR (High: 15.9020 / Low: 15.7143).

April Spread (Volatile) ±0.4492

May Spread (Stable) ±0.1878

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1817 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 16.0501) against the same month in 2022 (average: 14.8221), the exchange rate shifted by +1.2280 (+8.28%).

2023 Avg (February) 16.0501

2022 Avg (February) 14.8221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.0548	15.6285	15.8412
February	16.1365	15.9074	16.0501
March	16.1261	15.7862	15.9835
April	15.9457	15.4965	15.8017
May	15.9020	15.7143	15.8112
June	15.8660	15.6671	15.7758
July	15.8332	15.5473	15.7026
August	15.9428	15.7118	15.8321
September	15.9236	15.7209	15.8115
October	15.8829	15.6421	15.7758
November	15.8861	15.6527	15.7781
December	15.8749	15.6765	15.7629