YEARLY HIGH
2.3181 NPR
YEARLY LOW
2.1946 NPR
YEARLY AVERAGE
2.2477 NPR

2019 GMD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.3181. Conversely, the yearly low was recorded on July 11, dropping to 2.1946.

This high-to-low spread represents a total annual volatility of 0.1235 NPR. From a start-to-finish perspective, comparing the January average rate of 2.2826 to the December average rate of 2.2185, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3181 was down 4.00% compared to the 2018 peak of 2.4147, 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 11,590 NPR
2018 Average 11,371 NPR
Yearly Trough Low 10,973 NPR
Transaction Impact: A difference of 617.25 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3055
2.1962
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 2.2589, compared to 2.2365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 2.2589
H2 Avg (Jul–Dec) 2.2365

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0800 NPR (High: 2.2890 / Low: 2.2090). On the other end, December was the most stable month, with a tight range of 0.0315 NPR (High: 2.2383 / Low: 2.2068).

March Spread (Volatile) ±0.0800
December Spread (Stable) ±0.0315

Growth Streaks & Declines

Trends

Between 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 0.0558 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0558

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.2964) against the same month in 2018 (average: 2.1759), the exchange rate shifted by +0.1205 (+5.54%).

2019 Avg (February) 2.2964
2018 Avg (February) 2.1759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3070 2.2485 2.2826
February 2.3181 2.2766 2.2964
March 2.2890 2.2090 2.2406
April 2.2658 2.2254 2.2430
May 2.2781 2.2321 2.2491
June 2.2627 2.2265 2.2417
July 2.2314 2.1946 2.2053
August 2.2872 2.2116 2.2615
September 2.2957 2.2455 2.2622
October 2.2582 2.2110 2.2393
November 2.2550 2.2090 2.2326
December 2.2383 2.2068 2.2185