2023 NPR to IRR Historical Review

YEARLY HIGH

327.1058 IRR

YEARLY LOW

314.0654 IRR

YEARLY AVERAGE

319.6733 IRR

2023 NPR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 327.1058. Conversely, the yearly low was recorded on December 28, dropping to 314.0654.

This high-to-low spread represents a total annual volatility of 13.0404 IRR. From a start-to-finish perspective, comparing the January average rate of 320.3336 to the December average rate of 316.7745, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 327.1058 was down 8.52% compared to the 2022 peak of 357.5516, 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 1,635,529 IRR

2022 Average 1,683,052 IRR

Yearly Trough Low 1,570,327 IRR

Transaction Impact: A difference of 65,201.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

323.0826

316.2010

JanuMarcMayJulySeptNove

NPR to IRR 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 320.9076, compared to 318.4390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4686 points.

H1 Avg (Jan–Jun) 320.9076

H2 Avg (Jul–Dec) 318.4390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 9.3721 IRR (High: 324.2792 / Low: 314.9071). On the other end, October was the most stable month, with a tight range of 1.7297 IRR (High: 318.7003 / Low: 316.9706).

March Spread (Volatile) ±9.3721

October Spread (Stable) ±1.7297

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.4853 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.4853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 322.5092) against the same month in 2022 (average: 347.0610), the exchange rate shifted by -24.5518 (-7.07%).

2023 Avg (April) 322.5092

2022 Avg (April) 347.0610

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	323.8679	315.7730	320.3336
February	322.3268	314.6245	319.4795
March	324.2792	314.9071	320.5569
April	327.1058	320.7444	322.5092
May	323.6310	318.9250	321.0893
June	324.3174	319.7944	321.4773
July	324.0563	319.2039	321.5938
August	321.7958	317.2257	319.1085
September	319.5559	316.9255	318.1371
October	318.7003	316.9706	317.5743
November	319.8307	316.6356	317.4460
December	318.1900	314.0654	316.7745