2023 NPR to RUB Historical Review

YEARLY HIGH

0.7619 RUB

YEARLY LOW

0.5089 RUB

YEARLY AVERAGE

0.6466 RUB

2023 NPR to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.7619. Conversely, the yearly low was recorded on January 15, dropping to 0.5089.

This high-to-low spread represents a total annual volatility of 0.2530 RUB. From a start-to-finish perspective, comparing the January average rate of 0.5344 to the December average rate of 0.6831, the exchange rate registered a net change of 27.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7619 was down 34.40% compared to the 2022 peak of 1.1613, 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 3,809 RUB

2022 Average 2,794 RUB

Yearly Trough Low 2,544 RUB

Transaction Impact: A difference of 1,265.01 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7491

0.5149

JanuMarcMayJulySeptNove

NPR to RUB 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 0.5875, compared to 0.7058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1183 points.

H1 Avg (Jan–Jun) 0.5875

H2 Avg (Jul–Dec) 0.7058

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0654 RUB (High: 0.6769 / Low: 0.6115). On the other end, March was the most stable month, with a tight range of 0.0211 RUB (High: 0.5909 / Low: 0.5697).

June Spread (Volatile) ±0.0654

March Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0490 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.7295) against the same month in 2022 (average: 0.4698), the exchange rate shifted by +0.2598 (+55.29%).

2023 Avg (October) 0.7295

2022 Avg (October) 0.4698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5578	0.5089	0.5344
February	0.5745	0.5331	0.5564
March	0.5909	0.5697	0.5805
April	0.6261	0.5907	0.6182
May	0.6176	0.5794	0.6013
June	0.6769	0.6115	0.6343
July	0.7026	0.6746	0.6898
August	0.7544	0.7018	0.7233
September	0.7405	0.7144	0.7283
October	0.7619	0.6984	0.7295
November	0.7015	0.6619	0.6805
December	0.6977	0.6613	0.6831