YEARLY HIGH
179.0822 NPR
YEARLY LOW
173.5743 NPR
YEARLY AVERAGE
176.2735 NPR

2023 XDR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 179.0822. Conversely, the yearly low was recorded on March 7, dropping to 173.5743.

This high-to-low spread represents a total annual volatility of 5.5079 NPR. From a start-to-finish perspective, comparing the January average rate of 175.8805 to the December average rate of 177.7924, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 179.0822 was down 3.82% compared to the 2022 peak of 186.1998, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 895,411 NPR
2022 Average 861,706 NPR
Yearly Trough Low 867,872 NPR
Transaction Impact: A difference of 27,539.42 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

178.1001
174.4076
JanuMarcMayJulySeptNove

XDR 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 176.2959, compared to 176.2510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0449 points.

H1 Avg (Jan–Jun) 176.2959
H2 Avg (Jul–Dec) 176.2510

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 3.6673 NPR (High: 179.0822 / Low: 175.4150). On the other end, October was the most stable month, with a tight range of 0.9137 NPR (High: 175.1382 / Low: 174.2245).

February Spread (Volatile) ±3.6673
October Spread (Stable) ±0.9137

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 1.5118 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 176.9925) against the same month in 2022 (average: 168.1958), the exchange rate shifted by +8.7967 (+5.23%).

2023 Avg (February) 176.9925
2022 Avg (February) 168.1958

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 177.3511 174.8002 175.8805
February 179.0822 175.4150 176.9925
March 176.7513 173.5743 175.5109
April 177.7777 176.1437 176.8560
May 177.8906 175.9550 177.0237
June 176.3516 174.6582 175.5119
July 177.9422 174.3666 176.5234
August 177.9209 175.4075 176.8809
September 177.0173 174.2244 175.5834
October 175.1382 174.2245 174.7153
November 177.5772 174.4733 176.0106
December 178.9887 176.3297 177.7924