2023 NPR to GNF Historical Review

YEARLY HIGH

67.4586 GNF

YEARLY LOW

64.2344 GNF

YEARLY AVERAGE

65.2585 GNF

2023 NPR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 67.4586. Conversely, the yearly low was recorded on December 26, dropping to 64.2344.

This high-to-low spread represents a total annual volatility of 3.2242 GNF. From a start-to-finish perspective, comparing the January average rate of 66.2001 to the December average rate of 64.5249, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 67.4586 was down 14.05% compared to the 2022 peak of 78.4896, 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 337,293 GNF

2022 Average 350,853 GNF

Yearly Trough Low 321,172 GNF

Transaction Impact: A difference of 16,120.87 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

66.3676

64.3574

JanuMarcMayJulySeptNove

NPR to GNF 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 65.6704, compared to 64.8467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8237 points.

H1 Avg (Jan–Jun) 65.6704

H2 Avg (Jul–Dec) 64.8467

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.3755 GNF (High: 67.4586 / Low: 65.0831). On the other end, December was the most stable month, with a tight range of 0.5083 GNF (High: 64.7427 / Low: 64.2344).

January Spread (Volatile) ±2.3755

December Spread (Stable) ±0.5083

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7799 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.7799

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 66.2001) against the same month in 2022 (average: 76.3991), the exchange rate shifted by -10.1990 (-13.35%).

2023 Avg (January) 66.2001

2022 Avg (January) 76.3991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.4586	65.0831	66.2001
February	66.7128	64.3871	65.4202
March	66.5556	65.0812	65.6625
April	66.1156	65.1817	65.6352
May	66.1060	65.0382	65.5115
June	66.0857	64.9800	65.5927
July	65.9717	65.0916	65.5235
August	65.7545	64.6066	64.9927
September	65.2662	64.4808	64.7884
October	65.0503	64.4454	64.6463
November	64.9107	64.4010	64.6042
December	64.7427	64.2344	64.5249