2023 NPR to TWD Historical Review

YEARLY HIGH

0.2444 TWD

YEARLY LOW

0.2261 TWD

YEARLY AVERAGE

0.2358 TWD

2023 NPR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.2444. Conversely, the yearly low was recorded on February 2, dropping to 0.2261.

This high-to-low spread represents a total annual volatility of 0.0184 TWD. From a start-to-finish perspective, comparing the January average rate of 0.2321 to the December average rate of 0.2341, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2444 was down 1.31% compared to the 2022 peak of 0.2477, 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 1,222 TWD

2022 Average 1,184 TWD

Yearly Trough Low 1,130 TWD

Transaction Impact: A difference of 91.92 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2440

0.2277

JanuMarcMayJulySeptNove

NPR to TWD 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 0.2324, compared to 0.2392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.2324

H2 Avg (Jul–Dec) 0.2392

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0089 TWD (High: 0.2437 / Low: 0.2348). On the other end, August was the most stable month, with a tight range of 0.0022 TWD (High: 0.2410 / Low: 0.2389).

November Spread (Volatile) ±0.0089

August Spread (Stable) ±0.0022

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 November and December, when the average rate fell by 0.0055 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2427) against the same month in 2022 (average: 0.2426), the exchange rate shifted by +0.0001 (+0.03%).

2023 Avg (October) 0.2427

2022 Avg (October) 0.2426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2336	0.2290	0.2321
February	0.2319	0.2261	0.2291
March	0.2363	0.2297	0.2323
April	0.2381	0.2308	0.2332
May	0.2354	0.2311	0.2332
June	0.2379	0.2314	0.2343
July	0.2394	0.2340	0.2374
August	0.2410	0.2389	0.2401
September	0.2430	0.2398	0.2411
October	0.2444	0.2404	0.2427
November	0.2437	0.2348	0.2396
December	0.2366	0.2296	0.2341