2023 NPR to PEN Historical Review

YEARLY HIGH

0.0299 PEN

YEARLY LOW

0.0270 PEN

YEARLY AVERAGE

0.0283 PEN

2023 NPR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0299. Conversely, the yearly low was recorded on July 13, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0029 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0292 to the December average rate of 0.0280, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0299 was down 10.89% compared to the 2022 peak of 0.0335, 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 149 PEN

2022 Average 153 PEN

Yearly Trough Low 135 PEN

Transaction Impact: A difference of 14.33 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0294

0.0272

JanuMarcMayJulySeptNove

NPR to PEN 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 0.0286, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0286

H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0012 PEN (High: 0.0299 / Low: 0.0286). On the other end, March was the most stable month, with a tight range of 0.0004 PEN (High: 0.0289 / Low: 0.0286).

January Spread (Volatile) ±0.0012

March Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0292) against the same month in 2022 (average: 0.0327), the exchange rate shifted by -0.0035 (-10.69%).

2023 Avg (January) 0.0292

2022 Avg (January) 0.0327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0299	0.0286	0.0292
February	0.0294	0.0287	0.0290
March	0.0289	0.0286	0.0287
April	0.0289	0.0283	0.0287
May	0.0284	0.0277	0.0280
June	0.0280	0.0275	0.0277
July	0.0277	0.0270	0.0274
August	0.0281	0.0274	0.0279
September	0.0285	0.0278	0.0280
October	0.0292	0.0285	0.0289
November	0.0290	0.0280	0.0283
December	0.0284	0.0277	0.0280