2023 NPR to SYP Historical Review

YEARLY HIGH

19.4524 SYP

YEARLY LOW

18.7802 SYP

YEARLY AVERAGE

19.0242 SYP

2023 NPR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 19.4524. Conversely, the yearly low was recorded on December 28, dropping to 18.7802.

This high-to-low spread represents a total annual volatility of 0.6721 SYP. From a start-to-finish perspective, comparing the January average rate of 19.1925 to the December average rate of 18.8468, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.4524 was down 8.50% compared to the 2022 peak of 21.2585, 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 97,262 SYP

2022 Average 100,036 SYP

Yearly Trough Low 93,901 SYP

Transaction Impact: A difference of 3,360.71 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.2271

18.8122

JanuMarcMayJulySeptNove

NPR to SYP 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 19.1124, compared to 18.9361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1763 points.

H1 Avg (Jan–Jun) 19.1124

H2 Avg (Jul–Dec) 18.9361

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4356 SYP (High: 19.3709 / Low: 18.9353). On the other end, October was the most stable month, with a tight range of 0.1005 SYP (High: 18.9525 / Low: 18.8521).

January Spread (Volatile) ±0.4356

October Spread (Stable) ±0.1005

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.1795 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 19.1753) against the same month in 2022 (average: 20.6028), the exchange rate shifted by -1.4276 (-6.93%).

2023 Avg (April) 19.1753

2022 Avg (April) 20.6028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.3709	18.9353	19.1925
February	19.1909	18.9222	19.0130
March	19.2843	18.9535	19.1021
April	19.4524	19.0628	19.1753
May	19.2344	18.9588	19.0848
June	19.2752	18.9951	19.1067
July	19.2710	18.9712	19.1273
August	19.1083	18.8314	18.9636
September	19.0079	18.8526	18.9180
October	18.9525	18.8521	18.8856
November	19.0243	18.8297	18.8753
December	18.9110	18.7802	18.8468