2017 FKP to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 FKP to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the FKP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 140.8767. Conversely, the yearly low was recorded on April 8, dropping to 127.5829.
This high-to-low spread represents a total annual volatility of 13.2938 NPR. From a start-to-finish perspective, comparing the January average rate of 134.4805 to the December average rate of 137.7803, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 140.8767 was down 12.59% compared to the 2016 peak of 161.1761, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
FKP to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 132.3110, compared to 136.0647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7537 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 8.3096 NPR (High: 140.8767 / Low: 132.5670). On the other end, December was the most stable month, with a tight range of 2.6626 NPR (High: 139.3959 / Low: 136.7333).
Growth Streaks & Declines
TrendsBetween March and May, 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 February and March, when the average rate fell by 3.7239 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 137.4480) against the same month in 2016 (average: 140.4009), the exchange rate shifted by -2.9528 (-2.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 137.8313 | 131.0814 | 134.4805 |
| February | 137.1374 | 132.1233 | 133.7800 |
| March | 131.4161 | 128.2163 | 130.0561 |
| April | 133.7792 | 127.5829 | 130.6048 |
| May | 134.7995 | 131.9597 | 133.1311 |
| June | 134.4508 | 130.5108 | 131.8132 |
| July | 135.4095 | 132.1970 | 134.0006 |
| August | 135.4325 | 131.0146 | 132.5575 |
| September | 140.8767 | 132.5670 | 137.4480 |
| October | 140.8646 | 136.2287 | 137.4469 |
| November | 138.8752 | 134.8845 | 137.1547 |
| December | 139.3959 | 136.7333 | 137.7803 |