2023 NPR to CZK Historical Review

YEARLY HIGH

0.1764 CZK

YEARLY LOW

0.1599 CZK

YEARLY AVERAGE

0.1680 CZK

2023 NPR to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.1764. Conversely, the yearly low was recorded on July 13, dropping to 0.1599.

This high-to-low spread represents a total annual volatility of 0.0165 CZK. From a start-to-finish perspective, comparing the January average rate of 0.1696 to the December average rate of 0.1682, the exchange rate registered a net change of -0.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1764 was down 10.45% compared to the 2022 peak of 0.1970, 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 882 CZK

2022 Average 929 CZK

Yearly Trough Low 800 CZK

Transaction Impact: A difference of 82.30 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1761

0.1620

JanuMarcMayJulySeptNove

NPR to CZK 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 0.1667, compared to 0.1694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1667

H2 Avg (Jul–Dec) 0.1694

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0096 CZK (High: 0.1749 / Low: 0.1654). On the other end, October was the most stable month, with a tight range of 0.0031 CZK (High: 0.1764 / Low: 0.1733).

November Spread (Volatile) ±0.0096

October Spread (Stable) ±0.0031

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 0.0050 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1749) against the same month in 2022 (average: 0.1894), the exchange rate shifted by -0.0145 (-7.66%).

2023 Avg (October) 0.1749

2022 Avg (October) 0.1894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1727	0.1667	0.1696
February	0.1694	0.1647	0.1678
March	0.1727	0.1642	0.1682
April	0.1656	0.1606	0.1632
May	0.1677	0.1616	0.1651
June	0.1676	0.1643	0.1662
July	0.1671	0.1599	0.1645
August	0.1693	0.1652	0.1669
September	0.1739	0.1688	0.1720
October	0.1764	0.1733	0.1749
November	0.1749	0.1654	0.1699
December	0.1701	0.1667	0.1682