YEARLY HIGH
49.2233 NPR
YEARLY LOW
47.1678 NPR
YEARLY AVERAGE
48.3533 NPR

2023 WST to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 49.2233. Conversely, the yearly low was recorded on November 5, dropping to 47.1678.

This high-to-low spread represents a total annual volatility of 2.0555 NPR. From a start-to-finish perspective, comparing the January average rate of 48.5326 to the December average rate of 47.6120, the exchange rate registered a net change of -1.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.2233 was down 0.11% compared to the 2022 peak of 49.2780, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 246,116 NPR
2022 Average 234,960 NPR
Yearly Trough Low 235,839 NPR
Transaction Impact: A difference of 10,277.26 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.1335
47.3953
JanuMarcMayJulySeptNove

WST 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 48.4824, compared to 48.2242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2583 points.

H1 Avg (Jan–Jun) 48.4824
H2 Avg (Jul–Dec) 48.2242

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.6052 NPR (High: 49.0174 / Low: 47.4122). On the other end, December was the most stable month, with a tight range of 0.3304 NPR (High: 47.7807 / Low: 47.4503).

October Spread (Volatile) ±1.6052
December Spread (Stable) ±0.3304

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.8473 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 48.9886) against the same month in 2022 (average: 45.7703), the exchange rate shifted by +3.2183 (+7.03%).

2023 Avg (February) 48.9886
2022 Avg (February) 45.7703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.1892 48.0830 48.5326
February 49.2233 48.5340 48.9886
March 49.1420 48.1537 48.7449
April 48.3589 47.3904 48.0760
May 48.6243 47.9276 48.3041
June 48.5313 47.8262 48.2484
July 48.5923 47.8364 48.2125
August 49.0794 48.3681 48.7378
September 49.0243 48.6237 48.8550
October 49.0174 47.4122 48.3875
November 47.6550 47.1678 47.5402
December 47.7807 47.4503 47.6120