YEARLY HIGH
2.4147 NPR
YEARLY LOW
2.0882 NPR
YEARLY AVERAGE
2.2737 NPR

2018 GMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 2.4147. Conversely, the yearly low was recorded on January 28, dropping to 2.0882.

This high-to-low spread represents a total annual volatility of 0.3264 NPR. From a start-to-finish perspective, comparing the January average rate of 2.1211 to the December average rate of 2.2851, the exchange rate registered a net change of 7.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4147 was down 5.52% compared to the 2017 peak of 2.5556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,073 NPR
2017 Average 11,378 NPR
Yearly Trough Low 10,441 NPR
Transaction Impact: A difference of 1,632.02 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4059
2.0952
JanuMarcMayJulySeptNove

GMD 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 2.2179, compared to 2.3296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1117 points.

H1 Avg (Jan–Jun) 2.2179
H2 Avg (Jul–Dec) 2.3296

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1228 NPR (High: 2.3750 / Low: 2.2522). On the other end, March was the most stable month, with a tight range of 0.0256 NPR (High: 2.2097 / Low: 2.1841).

November Spread (Volatile) ±0.1228
March Spread (Stable) ±0.0256

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0598 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.3753) against the same month in 2017 (average: 2.2413), the exchange rate shifted by +0.1340 (+5.98%).

2018 Avg (September) 2.3753
2017 Avg (September) 2.2413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1484 2.0882 2.1211
February 2.2086 2.1296 2.1759
March 2.2097 2.1841 2.1991
April 2.2687 2.1896 2.2248
May 2.3166 2.2566 2.2890
June 2.3333 2.2700 2.2975
July 2.3367 2.2789 2.3034
August 2.3633 2.2791 2.3135
September 2.4147 2.3532 2.3753
October 2.4051 2.3555 2.3800
November 2.3750 2.2522 2.3201
December 2.3225 2.2570 2.2851