YEARLY HIGH
0.0155 BZD
YEARLY LOW
0.0151 BZD
YEARLY AVERAGE
0.0153 BZD

2023 NPR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0155. Conversely, the yearly low was recorded on December 13, dropping to 0.0151.

This high-to-low spread represents a total annual volatility of 0.0004 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0151, the exchange rate registered a net change of -1.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0155 was down 9.04% compared to the 2022 peak of 0.0171, 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 78 BZD
2022 Average 80 BZD
Yearly Trough Low 76 BZD
Transaction Impact: A difference of 2.10 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0154
0.0151
JanuMarcMayJulySeptNove

NPR to BZD 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 0.0153, compared to 0.0152 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) 0.0153
H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 BZD (High: 0.0155 / Low: 0.0152). On the other end, October was the most stable month, with a tight range of 0.0000 BZD (High: 0.0152 / Low: 0.0151).

January Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0000

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 (January 2023: 0.0154) against the same month in 2022 (average: 0.0169), the exchange rate shifted by -0.0015 (-9.03%).

2023 Avg (January) 0.0154
2022 Avg (January) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0155 0.0152 0.0154
February 0.0154 0.0152 0.0153
March 0.0154 0.0151 0.0153
April 0.0154 0.0153 0.0154
May 0.0154 0.0152 0.0153
June 0.0154 0.0152 0.0153
July 0.0154 0.0152 0.0153
August 0.0153 0.0151 0.0152
September 0.0152 0.0151 0.0152
October 0.0152 0.0151 0.0151
November 0.0152 0.0151 0.0151
December 0.0152 0.0151 0.0151