2023 NIO to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NIO to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NIO to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 3.6479. Conversely, the yearly low was recorded on January 22, dropping to 3.5538.
This high-to-low spread represents a total annual volatility of 0.0942 NPR. From a start-to-finish perspective, comparing the January average rate of 3.5889 to the December average rate of 3.6357, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3.6479 was down 1.19% compared to the 2022 peak of 3.6919, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NIO to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.6004, compared to 3.6263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0259 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 0.0846 NPR (High: 3.6384 / Low: 3.5538). On the other end, October was the most stable month, with a tight range of 0.0124 NPR (High: 3.6416 / Low: 3.6292).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0175 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 3.6215) against the same month in 2022 (average: 3.5393), the exchange rate shifted by +0.0822 (+2.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6384 | 3.5538 | 3.5889 |
| February | 3.6409 | 3.5832 | 3.6213 |
| March | 3.6364 | 3.5751 | 3.6039 |
| April | 3.6027 | 3.5701 | 3.5882 |
| May | 3.6255 | 3.5741 | 3.6027 |
| June | 3.6219 | 3.5811 | 3.5974 |
| July | 3.6234 | 3.5801 | 3.5957 |
| August | 3.6479 | 3.5930 | 3.6215 |
| September | 3.6422 | 3.6159 | 3.6309 |
| October | 3.6416 | 3.6292 | 3.6369 |
| November | 3.6457 | 3.6246 | 3.6373 |
| December | 3.6474 | 3.6168 | 3.6357 |