YEARLY HIGH
0.2266 NPR
YEARLY LOW
0.2098 NPR
YEARLY AVERAGE
0.2179 NPR

2023 XAF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.2266. Conversely, the yearly low was recorded on March 7, dropping to 0.2098.

This high-to-low spread represents a total annual volatility of 0.0168 NPR. From a start-to-finish perspective, comparing the January average rate of 0.2153 to the December average rate of 0.2220, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2266 was up 4.88% compared to the 2022 peak of 0.2161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,133 NPR
2022 Average 1,009 NPR
Yearly Trough Low 1,049 NPR
Transaction Impact: A difference of 83.83 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2228
0.2135
JanuMarcMayJulySeptNove

XAF 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 0.2168, compared to 0.2190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2168
H2 Avg (Jul–Dec) 0.2190

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0097 NPR (High: 0.2266 / Low: 0.2169). On the other end, October was the most stable month, with a tight range of 0.0038 NPR (High: 0.2164 / Low: 0.2126).

July Spread (Volatile) ±0.0097
October Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2215) against the same month in 2022 (average: 0.1977), the exchange rate shifted by +0.0238 (+12.04%).

2023 Avg (July) 0.2215
2022 Avg (July) 0.1977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2174 0.2123 0.2153
February 0.2202 0.2129 0.2156
March 0.2191 0.2098 0.2149
April 0.2222 0.2161 0.2195
May 0.2244 0.2157 0.2184
June 0.2198 0.2150 0.2174
July 0.2266 0.2169 0.2215
August 0.2227 0.2174 0.2204
September 0.2178 0.2134 0.2162
October 0.2164 0.2126 0.2143
November 0.2235 0.2150 0.2196
December 0.2258 0.2191 0.2220