YEARLY HIGH
30.1107 NPR
YEARLY LOW
27.9842 NPR
YEARLY AVERAGE
28.8799 NPR

2023 RON to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 30.1107. Conversely, the yearly low was recorded on March 7, dropping to 27.9842.

This high-to-low spread represents a total annual volatility of 2.1265 NPR. From a start-to-finish perspective, comparing the January average rate of 28.6619 to the December average rate of 29.2921, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.1107 was up 4.97% compared to the 2022 peak of 28.6860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,553 NPR
2022 Average 134,174 NPR
Yearly Trough Low 139,921 NPR
Transaction Impact: A difference of 10,632.30 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.5080
28.1872
JanuMarcMayJulySeptNove

RON 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 28.7996, compared to 28.9601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1606 points.

H1 Avg (Jan–Jun) 28.7996
H2 Avg (Jul–Dec) 28.9601

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 1.4353 NPR (High: 30.1107 / Low: 28.6754). On the other end, October was the most stable month, with a tight range of 0.5328 NPR (High: 28.5595 / Low: 28.0267).

July Spread (Volatile) ±1.4353
October Spread (Stable) ±0.5328

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.6932 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6932

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 29.3980) against the same month in 2022 (average: 26.2539), the exchange rate shifted by +3.1441 (+11.98%).

2023 Avg (July) 29.3980
2022 Avg (July) 26.2539

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.1674 28.2505 28.6619
February 29.4217 28.3677 28.8102
March 29.2128 27.9842 28.5886
April 29.3098 28.6670 29.0947
May 29.3809 28.5143 28.9004
June 29.0527 28.3951 28.7417
July 30.1107 28.6754 29.3980
August 29.4880 28.8784 29.2459
September 28.8896 28.1433 28.5527
October 28.5595 28.0267 28.2972
November 29.4954 28.3873 28.9750
December 29.7811 28.9070 29.2921