2023 SCR to NPR Historical Review

YEARLY HIGH

10.4675 NPR

YEARLY LOW

9.2005 NPR

YEARLY AVERAGE

9.8330 NPR

2023 SCR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 10.4675. Conversely, the yearly low was recorded on January 18, dropping to 9.2005.

This high-to-low spread represents a total annual volatility of 1.2670 NPR. From a start-to-finish perspective, comparing the January average rate of 9.6733 to the December average rate of 9.9263, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.4675 was up 1.25% compared to the 2022 peak of 10.3380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,337 NPR

2022 Average 46,455 NPR

Yearly Trough Low 46,002 NPR

Transaction Impact: A difference of 6,334.97 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.1605

9.5490

JanuMarcMayJulySeptNove

SCR 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 9.7111, compared to 9.9549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2437 points.

H1 Avg (Jan–Jun) 9.7111

H2 Avg (Jul–Dec) 9.9549

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.0579 NPR (High: 10.2583 / Low: 9.2005). On the other end, August was the most stable month, with a tight range of 0.2717 NPR (High: 10.0366 / Low: 9.7649).

January Spread (Volatile) ±1.0579

August Spread (Stable) ±0.2717

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1561 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 10.1096) against the same month in 2022 (average: 9.5629), the exchange rate shifted by +0.5467 (+5.72%).

2023 Avg (September) 10.1096

2022 Avg (September) 9.5629

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2583	9.2005	9.6733
February	10.1794	9.3109	9.7572
March	10.1172	9.2893	9.7777
April	10.1743	9.3326	9.7025
May	10.0762	9.3817	9.7561
June	10.0306	9.2688	9.5999
July	10.1036	9.2607	9.8325
August	10.0366	9.7649	9.9083
September	10.4675	9.7616	10.1096
October	10.4504	9.6351	9.9864
November	10.2276	9.7082	9.9663
December	10.3478	9.5329	9.9263