YEARLY HIGH
0.1470 MDL
YEARLY LOW
0.1293 MDL
YEARLY AVERAGE
0.1371 MDL

2023 NPR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1470. Conversely, the yearly low was recorded on December 28, dropping to 0.1293.

This high-to-low spread represents a total annual volatility of 0.0176 MDL. From a start-to-finish perspective, comparing the January average rate of 0.1451 to the December average rate of 0.1321, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1470 was down 4.66% compared to the 2022 peak of 0.1541, 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 735 MDL
2022 Average 751 MDL
Yearly Trough Low 647 MDL
Transaction Impact: A difference of 88.24 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1464
0.1308
JanuMarcMayJulySeptNove

NPR to MDL 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 0.1396, compared to 0.1346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1396
H2 Avg (Jul–Dec) 0.1346

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0080 MDL (High: 0.1398 / Low: 0.1318). On the other end, October was the most stable month, with a tight range of 0.0021 MDL (High: 0.1372 / Low: 0.1351).

July Spread (Volatile) ±0.0080
October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1451) against the same month in 2022 (average: 0.1505), the exchange rate shifted by -0.0054 (-3.62%).

2023 Avg (January) 0.1451
2022 Avg (January) 0.1505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1470 0.1428 0.1451
February 0.1435 0.1411 0.1420
March 0.1435 0.1394 0.1415
April 0.1395 0.1363 0.1377
May 0.1373 0.1334 0.1350
June 0.1394 0.1342 0.1361
July 0.1398 0.1318 0.1362
August 0.1348 0.1312 0.1334
September 0.1374 0.1336 0.1353
October 0.1372 0.1351 0.1363
November 0.1362 0.1324 0.1341
December 0.1344 0.1293 0.1321