2023 ARS to NPR Historical Review

YEARLY HIGH

0.7476 NPR

YEARLY LOW

0.1645 NPR

YEARLY AVERAGE

0.5050 NPR

2023 ARS to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7476. Conversely, the yearly low was recorded on December 31, dropping to 0.1645.

This high-to-low spread represents a total annual volatility of 0.5832 NPR. From a start-to-finish perspective, comparing the January average rate of 0.7194 to the December average rate of 0.2440, the exchange rate registered a net change of -66.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7476 was down 35.50% compared to the 2022 peak of 1.1591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,738 NPR

2022 Average 4,912 NPR

Yearly Trough Low 822 NPR

Transaction Impact: A difference of 2,915.85 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7669

0.1965

JanuMarcMayJulySeptNove

ARS 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 0.6280, compared to 0.3820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2460 points.

H1 Avg (Jan–Jun) 0.6280

H2 Avg (Jul–Dec) 0.3820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2050 NPR (High: 0.3695 / Low: 0.1645). On the other end, October was the most stable month, with a tight range of 0.0019 NPR (High: 0.3808 / Low: 0.3788).

December Spread (Volatile) ±0.2050

October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1328 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7194) against the same month in 2022 (average: 1.1461), the exchange rate shifted by -0.4267 (-37.23%).

2023 Avg (January) 0.7194

2022 Avg (January) 1.1461

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7476	0.6984	0.7194
February	0.7039	0.6707	0.6892
March	0.6685	0.6298	0.6496
April	0.6298	0.5832	0.6091
May	0.5905	0.5524	0.5707
June	0.5506	0.5116	0.5301
July	0.5116	0.4784	0.4946
August	0.4771	0.3773	0.4169
September	0.3808	0.3781	0.3796
October	0.3808	0.3788	0.3801
November	0.3813	0.3700	0.3769
December	0.3695	0.1645	0.2440