YEARLY HIGH
0.0413 BRL
YEARLY LOW
0.0359 BRL
YEARLY AVERAGE
0.0378 BRL

2023 NPR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0413. Conversely, the yearly low was recorded on July 31, dropping to 0.0359.

This high-to-low spread represents a total annual volatility of 0.0054 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0367, the exchange rate registered a net change of -7.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0413 was down 13.98% compared to the 2022 peak of 0.0480, 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 206 BRL
2022 Average 206 BRL
Yearly Trough Low 179 BRL
Transaction Impact: A difference of 27.06 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0399
0.0362
JanuMarcMayJulySeptNove

NPR to BRL 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 0.0386, compared to 0.0371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0386
H2 Avg (Jul–Dec) 0.0371

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0026 BRL (High: 0.0413 / Low: 0.0387). On the other end, November was the most stable month, with a tight range of 0.0008 BRL (High: 0.0373 / Low: 0.0364).

January Spread (Volatile) ±0.0026
November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0396) against the same month in 2022 (average: 0.0464), the exchange rate shifted by -0.0068 (-14.58%).

2023 Avg (January) 0.0396
2022 Avg (January) 0.0464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0413 0.0387 0.0396
February 0.0401 0.0384 0.0392
March 0.0405 0.0386 0.0396
April 0.0389 0.0374 0.0383
May 0.0385 0.0371 0.0378
June 0.0379 0.0363 0.0369
July 0.0373 0.0359 0.0365
August 0.0375 0.0364 0.0370
September 0.0378 0.0365 0.0372
October 0.0389 0.0374 0.0381
November 0.0373 0.0364 0.0368
December 0.0372 0.0361 0.0367