2023 AZN to NPR Historical Review

YEARLY HIGH

78.6976 NPR

YEARLY LOW

75.9783 NPR

YEARLY AVERAGE

77.6882 NPR

2023 AZN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 78.6976. Conversely, the yearly low was recorded on April 30, dropping to 75.9783.

This high-to-low spread represents a total annual volatility of 2.7193 NPR. From a start-to-finish perspective, comparing the January average rate of 77.0104 to the December average rate of 78.4198, 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 78.6976 was up 0.64% compared to the 2022 peak of 78.1940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 393,488 NPR

2022 Average 369,781 NPR

Yearly Trough Low 379,892 NPR

Transaction Impact: A difference of 13,596.25 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

78.5607

76.8695

JanuMarcMayJulySeptNove

AZN 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 77.3282, compared to 78.0482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7200 points.

H1 Avg (Jan–Jun) 77.3282

H2 Avg (Jul–Dec) 78.0482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.7552 NPR (High: 78.0531 / Low: 76.2979). On the other end, October was the most stable month, with a tight range of 0.4156 NPR (High: 78.3977 / Low: 77.9822).

January Spread (Volatile) ±1.7552

October Spread (Stable) ±0.4156

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 0.3770 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 78.4198) against the same month in 2022 (average: 77.6060), the exchange rate shifted by +0.8138 (+1.05%).

2023 Avg (December) 78.4198

2022 Avg (December) 77.6060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.0531	76.2979	77.0104
February	78.1072	77.0135	77.7348
March	77.9783	76.6406	77.3578
April	77.5311	75.9783	77.0775
May	77.9564	76.8395	77.4431
June	77.8074	76.6769	77.3456
July	77.9052	76.6923	77.2627
August	78.4837	77.3463	77.9375
September	78.3957	77.7550	78.1249
October	78.3977	77.9822	78.2588
November	78.4907	77.6881	78.2852
December	78.6976	78.1534	78.4198