2023 PEN to NPR Historical Review

YEARLY HIGH

37.0125 NPR

YEARLY LOW

33.4622 NPR

YEARLY AVERAGE

35.3253 NPR

2023 PEN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 37.0125. Conversely, the yearly low was recorded on January 26, dropping to 33.4622.

This high-to-low spread represents a total annual volatility of 3.5502 NPR. From a start-to-finish perspective, comparing the January average rate of 34.2464 to the December average rate of 35.6838, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.0125 was up 6.25% compared to the 2022 peak of 34.8358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 185,062 NPR

2022 Average 164,007 NPR

Yearly Trough Low 167,311 NPR

Transaction Impact: A difference of 17,751.01 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.7319

34.0205

JanuMarcMayJulySeptNove

PEN to NPR 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 35.0321, compared to 35.6186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5865 points.

H1 Avg (Jan–Jun) 35.0321

H2 Avg (Jul–Dec) 35.6186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.4432 NPR (High: 34.9054 / Low: 33.4622). On the other end, March was the most stable month, with a tight range of 0.4714 NPR (High: 35.0214 / Low: 34.5500).

January Spread (Volatile) ±1.4432

March Spread (Stable) ±0.4714

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0096 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 36.5060) against the same month in 2022 (average: 32.6437), the exchange rate shifted by +3.8622 (+11.83%).

2023 Avg (July) 36.5060

2022 Avg (July) 32.6437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.9054	33.4622	34.2464
February	34.8043	33.9624	34.4363
March	35.0214	34.5500	34.8242
April	35.3290	34.6214	34.8770
May	36.0570	35.1875	35.7404
June	36.3634	35.7241	36.0684
July	37.0125	36.1140	36.5060
August	36.5141	35.5536	35.8918
September	35.9693	35.0598	35.6670
October	35.0979	34.3027	34.6574
November	35.7734	34.4446	35.3056
December	36.1276	35.2376	35.6838