2023 PLN to NPR Historical Review

YEARLY HIGH

34.2832 NPR

YEARLY LOW

29.3444 NPR

YEARLY AVERAGE

31.4948 NPR

2023 PLN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 34.2832. Conversely, the yearly low was recorded on March 7, dropping to 29.3444.

This high-to-low spread represents a total annual volatility of 4.9387 NPR. From a start-to-finish perspective, comparing the January average rate of 30.2055 to the December average rate of 33.6143, the exchange rate registered a net change of 11.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 34.2832 was up 12.55% compared to the 2022 peak of 30.4603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 685,663 NPR

2022 Average 565,136 NPR

Yearly Trough Low 586,889 NPR

Transaction Impact: A difference of 98,774.41 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.9945

29.4319

JanuMarcMayJulySeptNove

PLN 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 30.7484, compared to 32.2413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4929 points.

H1 Avg (Jan–Jun) 30.7484

H2 Avg (Jul–Dec) 32.2413

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.3777 NPR (High: 33.9419 / Low: 31.5643). On the other end, May was the most stable month, with a tight range of 0.8089 NPR (High: 31.9252 / Low: 31.1163).

November Spread (Volatile) ±2.3777

May Spread (Stable) ±0.8089

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 1.5925 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.5925

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 33.6143) against the same month in 2022 (average: 29.8605), the exchange rate shifted by +3.7538 (+12.57%).

2023 Avg (December) 33.6143

2022 Avg (December) 29.8605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.3787	29.6763	30.2055
February	30.7104	29.5321	29.8121
March	30.6694	29.3444	30.0213
April	31.5410	30.2743	30.9707
May	31.9252	31.1163	31.5071
June	32.5123	31.4020	31.9736
July	33.4412	31.9673	32.6866
August	32.8969	31.8502	32.4211
September	31.9451	30.2184	30.8286
October	31.8261	30.1177	31.1687
November	33.9419	31.5643	32.7286
December	34.2832	33.1310	33.6143