2023 NPR to PHP Historical Review

YEARLY HIGH

0.4301 PHP

YEARLY LOW

0.4061 PHP

YEARLY AVERAGE

0.4211 PHP

2023 NPR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.4301. Conversely, the yearly low was recorded on February 5, dropping to 0.4061.

This high-to-low spread represents a total annual volatility of 0.0240 PHP. From a start-to-finish perspective, comparing the January average rate of 0.4196 to the December average rate of 0.4165, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4301 was down 5.62% compared to the 2022 peak of 0.4558, 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 2,151 PHP

2022 Average 2,167 PHP

Yearly Trough Low 2,030 PHP

Transaction Impact: A difference of 120.18 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4289

0.4138

JanuMarcMayJulySeptNove

NPR to PHP 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 0.4201, compared to 0.4221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.4201

H2 Avg (Jul–Dec) 0.4221

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0167 PHP (High: 0.4295 / Low: 0.4128). On the other end, October was the most stable month, with a tight range of 0.0041 PHP (High: 0.4290 / Low: 0.4249).

April Spread (Volatile) ±0.0167

October Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0082 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.4276) against the same month in 2022 (average: 0.4498), the exchange rate shifted by -0.0221 (-4.92%).

2023 Avg (September) 0.4276

2022 Avg (September) 0.4498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4235	0.4156	0.4196
February	0.4215	0.4061	0.4151
March	0.4243	0.4103	0.4161
April	0.4295	0.4128	0.4217
May	0.4272	0.4192	0.4236
June	0.4278	0.4202	0.4244
July	0.4240	0.4107	0.4180
August	0.4295	0.4169	0.4250
September	0.4301	0.4254	0.4276
October	0.4290	0.4249	0.4268
November	0.4254	0.4140	0.4186
December	0.4202	0.4139	0.4165

2023 NPR నుండి PHP చారిత్రక సమీక్ష