YEARLY HIGH
1.2456 NPR
YEARLY LOW
1.1535 NPR
YEARLY AVERAGE
1.1979 NPR

2023 XPF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 1.2456. Conversely, the yearly low was recorded on March 7, dropping to 1.1535.

This high-to-low spread represents a total annual volatility of 0.0922 NPR. From a start-to-finish perspective, comparing the January average rate of 1.1835 to the December average rate of 1.2203, 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 1.2456 was up 4.88% compared to the 2022 peak of 1.1877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,228 NPR
2022 Average 5,544 NPR
Yearly Trough Low 5,767 NPR
Transaction Impact: A difference of 460.80 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2246
1.1737
JanuMarcMayJulySeptNove

XPF 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 1.1920, compared to 1.2037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 1.1920
H2 Avg (Jul–Dec) 1.2037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0536 NPR (High: 1.2456 / Low: 1.1921). On the other end, October was the most stable month, with a tight range of 0.0210 NPR (High: 1.1895 / Low: 1.1685).

July Spread (Volatile) ±0.0536
October Spread (Stable) ±0.0210

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 0.0229 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.2173) against the same month in 2022 (average: 1.0865), the exchange rate shifted by +0.1308 (+12.04%).

2023 Avg (July) 1.2173
2022 Avg (July) 1.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1950 1.1672 1.1835
February 1.2103 1.1703 1.1852
March 1.2042 1.1535 1.1811
April 1.2215 1.1880 1.2066
May 1.2335 1.1855 1.2003
June 1.2083 1.1820 1.1950
July 1.2456 1.1921 1.2173
August 1.2244 1.1949 1.2113
September 1.1973 1.1733 1.1885
October 1.1895 1.1685 1.1779
November 1.2288 1.1821 1.2071
December 1.2414 1.2043 1.2203