2023 SEK to NPR Historical Review

YEARLY HIGH

13.4135 NPR

YEARLY LOW

11.8344 NPR

YEARLY AVERAGE

12.4545 NPR

2023 SEK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 13.4135. Conversely, the yearly low was recorded on October 28, dropping to 11.8344.

This high-to-low spread represents a total annual volatility of 1.5791 NPR. From a start-to-finish perspective, comparing the January average rate of 12.6004 to the December average rate of 13.0188, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.4135 was up 1.37% compared to the 2022 peak of 13.2318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,068 NPR

2022 Average 62,233 NPR

Yearly Trough Low 59,172 NPR

Transaction Impact: A difference of 7,895.69 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.1233

11.8694

JanuMarcMayJulySeptNove

SEK 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 12.5344, compared to 12.3745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1599 points.

H1 Avg (Jan–Jun) 12.5344

H2 Avg (Jul–Dec) 12.3745

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9787 NPR (High: 12.9181 / Low: 11.9395). On the other end, June was the most stable month, with a tight range of 0.3217 NPR (High: 12.3939 / Low: 12.0722).

November Spread (Volatile) ±0.9787

June Spread (Stable) ±0.3217

Growth Streaks & Declines

Trends

Between September and December, 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 0.3463 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 13.0188) against the same month in 2022 (average: 12.6935), the exchange rate shifted by +0.3253 (+2.56%).

2023 Avg (December) 13.0188

2022 Avg (December) 12.6935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8051	12.3873	12.6004
February	12.7903	12.4244	12.6387
March	12.8345	12.1592	12.5183
April	12.8180	12.4096	12.6638
May	12.9398	12.1734	12.5659
June	12.3939	12.0722	12.2196
July	12.9786	12.0057	12.4831
August	12.5209	11.9641	12.2312
September	12.1939	11.8651	11.9739
October	12.2547	11.8344	12.0682
November	12.9181	11.9395	12.4720
December	13.4135	12.7116	13.0188