2023 NPR to STD Historical Review

YEARLY HIGH

176.7067 STD

YEARLY LOW

166.5483 STD

YEARLY AVERAGE

171.0739 STD

2023 NPR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 176.7067. Conversely, the yearly low was recorded on December 28, dropping to 166.5483.

This high-to-low spread represents a total annual volatility of 10.1585 STD. From a start-to-finish perspective, comparing the January average rate of 174.3459 to the December average rate of 167.1386, the exchange rate registered a net change of -4.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 176.7067 was down 5.41% compared to the 2022 peak of 186.8068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 883,534 STD

2022 Average 882,003 STD

Yearly Trough Low 832,741 STD

Transaction Impact: A difference of 50,792.26 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

175.0666

166.4178

JanuMarcMayJulySeptNove

NPR to STD 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 173.6183, compared to 168.5295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0888 points.

H1 Avg (Jan–Jun) 173.6183

H2 Avg (Jul–Dec) 168.5295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 5.8818 STD (High: 175.0594 / Low: 169.1776). On the other end, October was the most stable month, with a tight range of 0.8909 STD (High: 168.0761 / Low: 167.1852).

July Spread (Volatile) ±5.8818

October Spread (Stable) ±0.8909

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.0462 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 174.1893) against the same month in 2022 (average: 177.3385), the exchange rate shifted by -3.1492 (-1.78%).

2023 Avg (April) 174.1893

2022 Avg (April) 177.3385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	175.9666	172.0095	174.3459
February	174.3314	171.8904	172.7155
March	175.1798	172.1746	173.5243
April	176.7067	173.1677	174.1893
May	174.7262	172.2228	173.3680
June	175.0968	172.5528	173.5668
July	175.0594	169.1776	173.2204
August	169.4580	167.0020	168.1742
September	168.5672	167.1896	167.7698
October	168.0761	167.1852	167.4823
November	168.7122	166.9873	167.3915
December	167.7078	166.5483	167.1386

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு