YEARLY HIGH
0.3041 NPR
YEARLY LOW
0.2773 NPR
YEARLY AVERAGE
0.2895 NPR

2023 KZT to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.3041. Conversely, the yearly low was recorded on October 20, dropping to 0.2773.

This high-to-low spread represents a total annual volatility of 0.0268 NPR. From a start-to-finish perspective, comparing the January average rate of 0.2830 to the December average rate of 0.2903, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3041 was up 1.84% compared to the 2022 peak of 0.2986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,521 NPR
2022 Average 1,364 NPR
Yearly Trough Low 1,387 NPR
Transaction Impact: A difference of 133.79 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2967
0.2777
JanuMarcMayJulySeptNove

KZT 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 0.2910, compared to 0.2880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.2910
H2 Avg (Jul–Dec) 0.2880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0209 NPR (High: 0.3041 / Low: 0.2832). On the other end, December was the most stable month, with a tight range of 0.0046 NPR (High: 0.2933 / Low: 0.2887).

March Spread (Volatile) ±0.0209
December Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0090 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2916) against the same month in 2022 (average: 0.2421), the exchange rate shifted by +0.0495 (+20.45%).

2023 Avg (March) 0.2916
2022 Avg (March) 0.2421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2867 0.2802 0.2830
February 0.2980 0.2848 0.2927
March 0.3041 0.2832 0.2916
April 0.2954 0.2868 0.2902
May 0.2997 0.2897 0.2951
June 0.2975 0.2886 0.2931
July 0.2986 0.2906 0.2951
August 0.2976 0.2845 0.2924
September 0.2893 0.2776 0.2835
October 0.2840 0.2773 0.2793
November 0.2912 0.2836 0.2874
December 0.2933 0.2887 0.2903