2023 NPR to AED Historical Review

YEARLY HIGH

0.0284 AED

YEARLY LOW

0.0275 AED

YEARLY AVERAGE

0.0278 AED

2023 NPR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0284. Conversely, the yearly low was recorded on December 28, dropping to 0.0275.

This high-to-low spread represents a total annual volatility of 0.0010 AED. From a start-to-finish perspective, comparing the January average rate of 0.0281 to the December average rate of 0.0275, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0284 was down 8.54% compared to the 2022 peak of 0.0311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 AED

2022 Average 146 AED

Yearly Trough Low 137 AED

Transaction Impact: A difference of 4.88 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0281

0.0275

JanuMarcMayJulySeptNove

NPR to AED 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 0.0279, compared to 0.0277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0279

H2 Avg (Jul–Dec) 0.0277

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0006 AED (High: 0.0283 / Low: 0.0277). On the other end, October was the most stable month, with a tight range of 0.0001 AED (High: 0.0277 / Low: 0.0276).

January Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0280) against the same month in 2022 (average: 0.0301), the exchange rate shifted by -0.0021 (-6.95%).

2023 Avg (April) 0.0280

2022 Avg (April) 0.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0283	0.0277	0.0281
February	0.0281	0.0277	0.0278
March	0.0282	0.0277	0.0279
April	0.0284	0.0279	0.0280
May	0.0281	0.0277	0.0279
June	0.0282	0.0278	0.0279
July	0.0282	0.0277	0.0280
August	0.0279	0.0275	0.0277
September	0.0278	0.0276	0.0277
October	0.0277	0.0276	0.0276
November	0.0278	0.0275	0.0276
December	0.0276	0.0275	0.0275