2023 NPR to CAD Historical Review

YEARLY HIGH

0.0106 CAD

YEARLY LOW

0.0099 CAD

YEARLY AVERAGE

0.0102 CAD

2023 NPR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0106. Conversely, the yearly low was recorded on December 28, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0007 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0101, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0106 was down 1.06% compared to the 2022 peak of 0.0107, 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 53 CAD

2022 Average 52 CAD

Yearly Trough Low 49 CAD

Transaction Impact: A difference of 3.63 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0105

0.0100

JanuMarcMayJulySeptNove

NPR to CAD 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 0.0103, compared to 0.0102 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) 0.0103

H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 CAD (High: 0.0106 / Low: 0.0103). On the other end, June was the most stable month, with a tight range of 0.0002 CAD (High: 0.0102 / Low: 0.0100).

March Spread (Volatile) ±0.0003

June Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0104) against the same month in 2022 (average: 0.0104), the exchange rate shifted by +0.0000 (+0.40%).

2023 Avg (March) 0.0104

2022 Avg (March) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0101	0.0103
February	0.0103	0.0101	0.0102
March	0.0106	0.0103	0.0104
April	0.0105	0.0102	0.0103
May	0.0104	0.0102	0.0103
June	0.0102	0.0100	0.0101
July	0.0102	0.0099	0.0101
August	0.0103	0.0101	0.0102
September	0.0103	0.0101	0.0102
October	0.0104	0.0102	0.0103
November	0.0104	0.0102	0.0103
December	0.0102	0.0099	0.0101