2023 TJS to NPR Historical Review

YEARLY HIGH

13.2384 NPR

YEARLY LOW

11.9639 NPR

YEARLY AVERAGE

12.2326 NPR

2023 TJS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 13.2384. Conversely, the yearly low was recorded on July 25, dropping to 11.9639.

This high-to-low spread represents a total annual volatility of 1.2745 NPR. From a start-to-finish perspective, comparing the January average rate of 12.7954 to the December average rate of 12.1868, the exchange rate registered a net change of -4.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.2384 was down 0.74% compared to the 2022 peak of 13.3375, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,192 NPR

2022 Average 57,902 NPR

Yearly Trough Low 59,820 NPR

Transaction Impact: A difference of 6,372.62 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.8736

11.9348

JanuMarcMayJulySeptNove

TJS 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 12.3515, compared to 12.1137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2378 points.

H1 Avg (Jan–Jun) 12.3515

H2 Avg (Jul–Dec) 12.1137

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.1949 NPR (High: 13.2168 / Low: 12.0219). On the other end, December was the most stable month, with a tight range of 0.0797 NPR (High: 12.2357 / Low: 12.1560).

March Spread (Volatile) ±1.1949

December Spread (Stable) ±0.0797

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4669 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 12.7227) against the same month in 2022 (average: 10.6199), the exchange rate shifted by +2.1029 (+19.80%).

2023 Avg (February) 12.7227

2022 Avg (February) 10.6199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0739	12.6692	12.7954
February	13.2384	12.3187	12.7227
March	13.2168	12.0219	12.4799
April	12.0683	11.9694	12.0130
May	12.1356	11.9672	12.0577
June	12.1083	11.9905	12.0405
July	12.1480	11.9639	12.0222
August	12.1471	11.9882	12.0723
September	12.1269	12.0451	12.0943
October	12.1806	12.0955	12.1300
November	12.2241	12.1303	12.1766
December	12.2357	12.1560	12.1868