LOSAR – Tibetan: བོད་ཀྱི་ལོ་གསར།, Wylie: lo-gsar is a NEW YEAR festival celebrated in Tibet and similarly by Tibetan Buddhists worldwide. Tibetan Losar 2023 (New Year) festival falls on Tuesday, February 21, 2023. While the Gregorian calendar is purely solar, the Tibetan calendar (Tibetan: ལོ་ཐོ, Wylie: lo-tho) is lunisolar. The Tibetan year comprises either 12 or 13 lunar months, each beginning and ending with a new moon. A thirteenth month is added every two or three years, making an average Tibetan year equal to a solar year.
According to the TIBETAN LUNAR CALENDAR, this year is the Year of the Water Hare 2023. LOSAR 2150 is predicted to be a year of hope. Losar is popularly celebrated in the Himalayan region, lasting for about 15 days (February 19th to March 5th in 2023) ending with the celebration for the Day of Miracles.