2023 HUF to NPR Historical Review

YEARLY HIGH

0.3978 NPR

YEARLY LOW

0.3493 NPR

YEARLY AVERAGE

0.3745 NPR

2023 HUF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.3978. Conversely, the yearly low was recorded on March 18, dropping to 0.3493.

This high-to-low spread represents a total annual volatility of 0.0484 NPR. From a start-to-finish perspective, comparing the January average rate of 0.3577 to the December average rate of 0.3814, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3978 was up 2.70% compared to the 2022 peak of 0.3873, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 397,786 NPR

2022 Average 339,308 NPR

Yearly Trough Low 349,338 NPR

Transaction Impact: A difference of 48,448.69 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3874

0.3550

JanuMarcMayJulySeptNove

HUF 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 0.3738, compared to 0.3752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.3738

H2 Avg (Jul–Dec) 0.3752

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0279 NPR (High: 0.3772 / Low: 0.3493). On the other end, June was the most stable month, with a tight range of 0.0088 NPR (High: 0.3899 / Low: 0.3811).

March Spread (Volatile) ±0.0279

June Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0086 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3830) against the same month in 2022 (average: 0.3220), the exchange rate shifted by +0.0610 (+18.95%).

2023 Avg (July) 0.3830

2022 Avg (July) 0.3220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3684	0.3496	0.3577
February	0.3762	0.3596	0.3677
March	0.3772	0.3493	0.3658
April	0.3881	0.3724	0.3826
May	0.3902	0.3795	0.3841
June	0.3899	0.3811	0.3847
July	0.3978	0.3728	0.3830
August	0.3813	0.3684	0.3754
September	0.3737	0.3566	0.3668
October	0.3718	0.3578	0.3646
November	0.3886	0.3678	0.3799
December	0.3874	0.3751	0.3814