2023 NPR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NPR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NPR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 57.1819. Conversely, the yearly low was recorded on April 19, dropping to 54.0774.
This high-to-low spread represents a total annual volatility of 3.1045 PYG. From a start-to-finish perspective, comparing the January average rate of 56.3470 to the December average rate of 55.1968, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 57.1819 was down 3.59% compared to the 2022 peak of 59.3115, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NPR to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 55.1196, compared to 55.2375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1179 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.0957 PYG (High: 57.1819 / Low: 55.0863). On the other end, September was the most stable month, with a tight range of 0.4133 PYG (High: 54.9719 / Low: 54.5586).
Growth Streaks & Declines
TrendsBetween April and July, 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 January and February, when the average rate fell by 1.0937 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 56.3470) against the same month in 2022 (average: 58.4957), the exchange rate shifted by -2.1487 (-3.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 57.1819 | 55.0863 | 56.3470 |
| February | 56.0058 | 54.9446 | 55.2533 |
| March | 55.2768 | 54.2663 | 54.6481 |
| April | 55.5662 | 54.0774 | 54.6344 |
| May | 55.3602 | 54.4267 | 54.7002 |
| June | 55.5262 | 54.5957 | 55.1346 |
| July | 55.5588 | 54.7551 | 55.2884 |
| August | 55.4340 | 54.3888 | 54.8877 |
| September | 54.9719 | 54.5586 | 54.7780 |
| October | 56.1250 | 54.7324 | 55.4055 |
| November | 56.1451 | 55.6885 | 55.8685 |
| December | 55.8427 | 54.5897 | 55.1968 |