YEARLY HIGH
49.5036 NPR
YEARLY LOW
47.7931 NPR
YEARLY AVERAGE
48.8712 NPR

2023 XCD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 49.5036. Conversely, the yearly low was recorded on April 30, dropping to 47.7931.

This high-to-low spread represents a total annual volatility of 1.7105 NPR. From a start-to-finish perspective, comparing the January average rate of 48.4428 to the December average rate of 49.3288, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 49.5036 was up 0.64% compared to the 2022 peak of 49.1868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 247,518 NPR
2022 Average 232,604 NPR
Yearly Trough Low 238,965 NPR
Transaction Impact: A difference of 8,552.52 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

49.4174
48.3542
JanuMarcMayJulySeptNove

XCD 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 48.6448, compared to 49.0976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4528 points.

H1 Avg (Jan–Jun) 48.6448
H2 Avg (Jul–Dec) 49.0976

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.1041 NPR (High: 49.0982 / Low: 47.9941). On the other end, October was the most stable month, with a tight range of 0.2614 NPR (High: 49.3150 / Low: 49.0536).

January Spread (Volatile) ±1.1041
October Spread (Stable) ±0.2614

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 February and March, when the average rate fell by 0.2272 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 49.3288) against the same month in 2022 (average: 48.8169), the exchange rate shifted by +0.5119 (+1.05%).

2023 Avg (December) 49.3288
2022 Avg (December) 48.8169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.0982 47.9941 48.4428
February 49.1322 48.4443 48.8980
March 49.0511 48.2096 48.6708
April 48.7698 47.7931 48.4845
May 49.0374 48.3348 48.7144
June 48.9436 48.2325 48.6583
July 49.0051 48.2428 48.6059
August 49.3691 48.6536 49.0255
September 49.3137 48.9106 49.1434
October 49.3150 49.0536 49.2276
November 49.3734 48.8686 49.2544
December 49.5036 49.1613 49.3288