YEARLY HIGH
15.2516 NPR
YEARLY LOW
14.8401 NPR
YEARLY AVERAGE
15.1013 NPR

2023 SVC to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 15.2516. Conversely, the yearly low was recorded on January 22, dropping to 14.8401.

This high-to-low spread represents a total annual volatility of 0.4114 NPR. From a start-to-finish perspective, comparing the January average rate of 14.9618 to the December average rate of 15.2200, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.2516 was up 0.45% compared to the 2022 peak of 15.1831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,258 NPR
2022 Average 71,841 NPR
Yearly Trough Low 74,201 NPR
Transaction Impact: A difference of 2,057.22 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.2583
14.9348
JanuMarcMayJulySeptNove

SVC 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 15.0323, compared to 15.1704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1381 points.

H1 Avg (Jan–Jun) 15.0323
H2 Avg (Jul–Dec) 15.1704

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3253 NPR (High: 15.1655 / Low: 14.8401). On the other end, October was the most stable month, with a tight range of 0.0419 NPR (High: 15.2272 / Low: 15.1853).

January Spread (Volatile) ±0.3253
October Spread (Stable) ±0.0419

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 0.0644 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 15.2200) against the same month in 2022 (average: 15.0736), the exchange rate shifted by +0.1465 (+0.97%).

2023 Avg (December) 15.2200
2022 Avg (December) 15.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.1655 14.8401 14.9618
February 15.1498 14.9630 15.1012
March 15.1331 14.9158 15.0553
April 15.0592 14.9499 14.9910
May 15.1447 14.9347 15.0530
June 15.1183 14.9710 15.0313
July 15.1889 14.9583 15.0305
August 15.2464 15.0236 15.1427
September 15.2197 15.1220 15.1820
October 15.2272 15.1853 15.2157
November 15.2493 15.1946 15.2313
December 15.2516 15.1782 15.2200