2023 CRC to NPR Historical Review

YEARLY HIGH

0.2565 NPR

YEARLY LOW

0.2221 NPR

YEARLY AVERAGE

0.2440 NPR

2023 CRC to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2565. Conversely, the yearly low was recorded on January 10, dropping to 0.2221.

This high-to-low spread represents a total annual volatility of 0.0344 NPR. From a start-to-finish perspective, comparing the January average rate of 0.2279 to the December average rate of 0.2539, the exchange rate registered a net change of 11.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2565 was up 12.42% compared to the 2022 peak of 0.2282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,283 NPR

2022 Average 977 NPR

Yearly Trough Low 1,110 NPR

Transaction Impact: A difference of 172.19 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2565

0.2253

JanuMarcMayJulySeptNove

CRC 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 0.2393, compared to 0.2487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.2393

H2 Avg (Jul–Dec) 0.2487

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0154 NPR (High: 0.2375 / Low: 0.2221). On the other end, November was the most stable month, with a tight range of 0.0025 NPR (High: 0.2519 / Low: 0.2494).

January Spread (Volatile) ±0.0154

November Spread (Stable) ±0.0025

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 May and June, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2539) against the same month in 2022 (average: 0.2238), the exchange rate shifted by +0.0301 (+13.44%).

2023 Avg (December) 0.2539

2022 Avg (December) 0.2238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2375	0.2221	0.2279
February	0.2378	0.2267	0.2339
March	0.2449	0.2359	0.2411
April	0.2466	0.2426	0.2447
May	0.2479	0.2408	0.2450
June	0.2460	0.2415	0.2435
July	0.2451	0.2408	0.2432
August	0.2494	0.2416	0.2462
September	0.2511	0.2456	0.2480
October	0.2513	0.2484	0.2501
November	0.2519	0.2494	0.2509
December	0.2565	0.2518	0.2539