YEARLY HIGH
0.0119 AUD
YEARLY LOW
0.0107 AUD
YEARLY AVERAGE
0.0114 AUD

2023 NPR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.0119. Conversely, the yearly low was recorded on February 1, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0013 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0112, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0119 was down 2.40% compared to the 2022 peak of 0.0122, 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 60 AUD
2022 Average 57 AUD
Yearly Trough Low 53 AUD
Transaction Impact: A difference of 6.36 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0119
0.0109
JanuMarcMayJulySeptNove

NPR to AUD 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 0.0113, compared to 0.0115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0113
H2 Avg (Jul–Dec) 0.0115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0006 AUD (High: 0.0112 / Low: 0.0107). On the other end, September was the most stable month, with a tight range of 0.0002 AUD (High: 0.0118 / Low: 0.0116).

February Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0118) against the same month in 2022 (average: 0.0119), the exchange rate shifted by -0.0001 (-0.81%).

2023 Avg (October) 0.0118
2022 Avg (October) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0112 0.0107 0.0110
February 0.0112 0.0107 0.0110
March 0.0116 0.0112 0.0114
April 0.0117 0.0112 0.0114
May 0.0116 0.0112 0.0114
June 0.0115 0.0111 0.0113
July 0.0115 0.0110 0.0113
August 0.0118 0.0115 0.0116
September 0.0118 0.0116 0.0117
October 0.0119 0.0117 0.0118
November 0.0118 0.0113 0.0116
December 0.0114 0.0109 0.0112