2023 COP to NPR Historical Review

YEARLY HIGH

0.0348 NPR

YEARLY LOW

0.0266 NPR

YEARLY AVERAGE

0.0307 NPR

2023 COP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0348. Conversely, the yearly low was recorded on January 5, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0081 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0278 to the December average rate of 0.0337, the exchange rate registered a net change of 21.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0348 was up 5.57% compared to the 2022 peak of 0.0329, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 173,777 NPR

2022 Average 148,438 NPR

Yearly Trough Low 133,129 NPR

Transaction Impact: A difference of 40,648.14 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0343

0.0270

JanuMarcMayJulySeptNove

COP 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 0.0287, compared to 0.0327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0287

H2 Avg (Jul–Dec) 0.0327

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0025 NPR (High: 0.0291 / Low: 0.0266). On the other end, November was the most stable month, with a tight range of 0.0012 NPR (High: 0.0336 / Low: 0.0325).

January Spread (Volatile) ±0.0025

November Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0337) against the same month in 2022 (average: 0.0275), the exchange rate shifted by +0.0061 (+22.32%).

2023 Avg (December) 0.0337

2022 Avg (December) 0.0275

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0291	0.0266	0.0278
February	0.0285	0.0266	0.0276
March	0.0285	0.0271	0.0277
April	0.0298	0.0278	0.0289
May	0.0301	0.0279	0.0290
June	0.0322	0.0299	0.0313
July	0.0335	0.0313	0.0323
August	0.0336	0.0317	0.0325
September	0.0341	0.0322	0.0331
October	0.0326	0.0305	0.0315
November	0.0336	0.0325	0.0330
December	0.0348	0.0331	0.0337