YEARLY HIGH
0.2441 NPR
YEARLY LOW
0.2155 NPR
YEARLY AVERAGE
0.2215 NPR

2023 SDG to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.2441. Conversely, the yearly low was recorded on April 30, dropping to 0.2155.

This high-to-low spread represents a total annual volatility of 0.0287 NPR. From a start-to-finish perspective, comparing the January average rate of 0.2270 to the December average rate of 0.2218, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2441 was down 13.77% compared to the 2022 peak of 0.2831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,221 NPR
2022 Average 1,273 NPR
Yearly Trough Low 1,077 NPR
Transaction Impact: A difference of 143.34 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2278
0.2177
JanuMarcMayJulySeptNove

SDG 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 0.2222, compared to 0.2209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.2222
H2 Avg (Jul–Dec) 0.2209

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0238 NPR (High: 0.2441 / Low: 0.2203). On the other end, December was the most stable month, with a tight range of 0.0015 NPR (High: 0.2226 / Low: 0.2211).

November Spread (Volatile) ±0.0238
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0039 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2224) against the same month in 2022 (average: 0.2295), the exchange rate shifted by -0.0071 (-3.09%).

2023 Avg (November) 0.2224
2022 Avg (November) 0.2295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2318 0.2229 0.2270
February 0.2274 0.2243 0.2257
March 0.2324 0.2195 0.2231
April 0.2290 0.2155 0.2192
May 0.2206 0.2179 0.2194
June 0.2200 0.2167 0.2187
July 0.2205 0.2168 0.2185
August 0.2220 0.2186 0.2203
September 0.2219 0.2198 0.2209
October 0.2219 0.2204 0.2214
November 0.2441 0.2203 0.2224
December 0.2226 0.2211 0.2218