2023 PYG to NPR Historical Review

YEARLY HIGH

0.0185 NPR

YEARLY LOW

0.0175 NPR

YEARLY AVERAGE

0.0181 NPR

2023 PYG to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.0185. Conversely, the yearly low was recorded on January 22, dropping to 0.0175.

This high-to-low spread represents a total annual volatility of 0.0010 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0181, the exchange rate registered a net change of 2.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0185 was down 0.95% compared to the 2022 peak of 0.0187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92 NPR

2022 Average 90 NPR

Yearly Trough Low 87 NPR

Transaction Impact: A difference of 5.02 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0184

0.0177

JanuMarcMayJulySeptNove

PYG 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 0.0181, compared to 0.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0181

H2 Avg (Jul–Dec) 0.0181

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 NPR (High: 0.0182 / Low: 0.0175). On the other end, September was the most stable month, with a tight range of 0.0001 NPR (High: 0.0183 / Low: 0.0182).

January Spread (Volatile) ±0.0007

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0183) against the same month in 2022 (average: 0.0177), the exchange rate shifted by +0.0006 (+3.17%).

2023 Avg (April) 0.0183

2022 Avg (April) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0182	0.0175	0.0177
February	0.0182	0.0179	0.0181
March	0.0184	0.0181	0.0183
April	0.0185	0.0180	0.0183
May	0.0184	0.0181	0.0183
June	0.0183	0.0180	0.0181
July	0.0183	0.0180	0.0181
August	0.0184	0.0180	0.0182
September	0.0183	0.0182	0.0183
October	0.0183	0.0178	0.0181
November	0.0180	0.0178	0.0179
December	0.0183	0.0179	0.0181