2023 NPR to HRK Historical Review

YEARLY HIGH

0.0547 HRK

YEARLY LOW

0.0507 HRK

YEARLY AVERAGE

0.0528 HRK

2023 NPR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0547. Conversely, the yearly low was recorded on July 13, dropping to 0.0507.

This high-to-low spread represents a total annual volatility of 0.0040 HRK. From a start-to-finish perspective, comparing the January average rate of 0.0533 to the December average rate of 0.0518, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0547 was down 8.98% compared to the 2022 peak of 0.0601, 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 274 HRK

2022 Average 285 HRK

Yearly Trough Low 253 HRK

Transaction Impact: A difference of 20.24 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0538

0.0516

JanuMarcMayJulySeptNove

NPR to HRK 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 0.0530, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0530

H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0023 HRK (High: 0.0547 / Low: 0.0524). On the other end, October was the most stable month, with a tight range of 0.0009 HRK (High: 0.0540 / Low: 0.0531).

March Spread (Volatile) ±0.0023

October Spread (Stable) ±0.0009

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 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0535) against the same month in 2022 (average: 0.0564), the exchange rate shifted by -0.0029 (-5.12%).

2023 Avg (March) 0.0535

2022 Avg (March) 0.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0541	0.0528	0.0533
February	0.0540	0.0522	0.0533
March	0.0547	0.0524	0.0535
April	0.0532	0.0521	0.0525
May	0.0533	0.0520	0.0527
June	0.0534	0.0523	0.0529
July	0.0530	0.0507	0.0519
August	0.0528	0.0516	0.0521
September	0.0538	0.0527	0.0531
October	0.0540	0.0531	0.0536
November	0.0534	0.0514	0.0523
December	0.0525	0.0509	0.0518