2023 NPR to SEK Historical Review

YEARLY HIGH

0.0845 SEK

YEARLY LOW

0.0746 SEK

YEARLY AVERAGE

0.0803 SEK

2023 NPR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0845. Conversely, the yearly low was recorded on December 27, dropping to 0.0746.

This high-to-low spread represents a total annual volatility of 0.0099 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0794 to the December average rate of 0.0768, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0845 was down 3.23% compared to the 2022 peak of 0.0873, 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 422 SEK

2022 Average 402 SEK

Yearly Trough Low 373 SEK

Transaction Impact: A difference of 49.74 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0842

0.0762

JanuMarcMayJulySeptNove

NPR to SEK 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 0.0798, compared to 0.0809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0798

H2 Avg (Jul–Dec) 0.0809

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0063 SEK (High: 0.0838 / Low: 0.0774). On the other end, June was the most stable month, with a tight range of 0.0021 SEK (High: 0.0828 / Low: 0.0807).

November Spread (Volatile) ±0.0063

June Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0829) against the same month in 2022 (average: 0.0845), the exchange rate shifted by -0.0017 (-1.97%).

2023 Avg (October) 0.0829

2022 Avg (October) 0.0845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0807	0.0781	0.0794
February	0.0805	0.0782	0.0791
March	0.0822	0.0779	0.0799
April	0.0806	0.0780	0.0790
May	0.0821	0.0773	0.0796
June	0.0828	0.0807	0.0818
July	0.0833	0.0771	0.0801
August	0.0836	0.0799	0.0818
September	0.0843	0.0820	0.0835
October	0.0845	0.0816	0.0829
November	0.0838	0.0774	0.0802
December	0.0787	0.0746	0.0768