YEARLY HIGH
0.0073 EUR
YEARLY LOW
0.0067 EUR
YEARLY AVERAGE
0.0070 EUR

2023 NPR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0073. Conversely, the yearly low was recorded on July 13, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0005 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0069, the exchange rate registered a net change of -3.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0073 was down 8.98% compared to the 2022 peak of 0.0080, 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 36 EUR
2022 Average 38 EUR
Yearly Trough Low 34 EUR
Transaction Impact: A difference of 2.69 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0071
0.0068
JanuMarcMayJulySeptNove

NPR to EUR 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 0.0070, compared to 0.0070 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) 0.0070
H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0003 EUR (High: 0.0073 / Low: 0.0070). On the other end, October was the most stable month, with a tight range of 0.0001 EUR (High: 0.0072 / Low: 0.0070).

March Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

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 October and November, 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: 0.0071) against the same month in 2022 (average: 0.0075), the exchange rate shifted by -0.0004 (-4.78%).

2023 Avg (March) 0.0071
2022 Avg (March) 0.0075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0070 0.0071
February 0.0072 0.0069 0.0071
March 0.0073 0.0070 0.0071
April 0.0071 0.0069 0.0069
May 0.0071 0.0068 0.0070
June 0.0071 0.0069 0.0070
July 0.0070 0.0067 0.0069
August 0.0070 0.0068 0.0069
September 0.0071 0.0070 0.0071
October 0.0072 0.0070 0.0071
November 0.0071 0.0068 0.0069
December 0.0070 0.0068 0.0069