YEARLY HIGH
0.0132 AZN
YEARLY LOW
0.0127 AZN
YEARLY AVERAGE
0.0129 AZN

2023 NPR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0132. Conversely, the yearly low was recorded on December 28, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0005 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0128, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0132 was down 8.46% compared to the 2022 peak of 0.0144, 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 66 AZN
2022 Average 68 AZN
Yearly Trough Low 64 AZN
Transaction Impact: A difference of 2.27 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0130
0.0127
JanuMarcMayJulySeptNove

NPR to AZN 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 0.0129, compared to 0.0128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 AZN (High: 0.0131 / Low: 0.0128). On the other end, October was the most stable month, with a tight range of 0.0001 AZN (High: 0.0128 / Low: 0.0128).

January Spread (Volatile) ±0.0003
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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0130) against the same month in 2022 (average: 0.0139), the exchange rate shifted by -0.0010 (-6.93%).

2023 Avg (April) 0.0130
2022 Avg (April) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0131 0.0128 0.0130
February 0.0130 0.0128 0.0129
March 0.0130 0.0128 0.0129
April 0.0132 0.0129 0.0130
May 0.0130 0.0128 0.0129
June 0.0130 0.0129 0.0129
July 0.0130 0.0128 0.0129
August 0.0129 0.0127 0.0128
September 0.0129 0.0128 0.0128
October 0.0128 0.0128 0.0128
November 0.0129 0.0127 0.0128
December 0.0128 0.0127 0.0128