YEARLY HIGH
2.5127 NPR
YEARLY LOW
2.3460 NPR
YEARLY AVERAGE
2.4195 NPR

2022 ETB to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 2.5127. Conversely, the yearly low was recorded on February 24, dropping to 2.3460.

This high-to-low spread represents a total annual volatility of 0.1667 NPR. From a start-to-finish perspective, comparing the January average rate of 2.4009 to the December average rate of 2.4642, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5127 was down 15.88% compared to the 2021 peak of 2.9871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,564 NPR
2021 Average 13,511 NPR
Yearly Trough Low 11,730 NPR
Transaction Impact: A difference of 833.58 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.5057
2.3605
JanuMarcMayJulySeptNove

ETB 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 2.3880, compared to 2.4511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0632 points.

H1 Avg (Jan–Jun) 2.3880
H2 Avg (Jul–Dec) 2.4511

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0867 NPR (High: 2.4875 / Low: 2.4008). On the other end, April was the most stable month, with a tight range of 0.0292 NPR (High: 2.3868 / Low: 2.3576).

September Spread (Volatile) ±0.0867
April Spread (Stable) ±0.0292

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0356 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.4936) against the same month in 2021 (average: 2.5614), the exchange rate shifted by -0.0678 (-2.65%).

2022 Avg (October) 2.4936
2021 Avg (October) 2.5614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4210 2.3825 2.4009
February 2.4019 2.3460 2.3741
March 2.4170 2.3635 2.3835
April 2.3868 2.3576 2.3726
May 2.4110 2.3610 2.3932
June 2.4231 2.3895 2.4033
July 2.4504 2.4190 2.4326
August 2.4493 2.3976 2.4240
September 2.4875 2.4008 2.4345
October 2.5127 2.4694 2.4936
November 2.5008 2.4217 2.4579
December 2.4766 2.4314 2.4642