YEARLY HIGH
14.7539 NPR
YEARLY LOW
13.9759 NPR
YEARLY AVERAGE
14.3691 NPR

2019 HKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 14.7539. Conversely, the yearly low was recorded on July 11, dropping to 13.9759.

This high-to-low spread represents a total annual volatility of 0.7780 NPR. From a start-to-finish perspective, comparing the January average rate of 14.4100 to the December average rate of 14.5911, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 14.7539 was down 2.88% compared to the 2018 peak of 15.1920, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 368,847 NPR
2018 Average 348,993 NPR
Yearly Trough Low 349,397 NPR
Transaction Impact: A difference of 19,450.43 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

14.6512
14.0223
JanuMarcMayJulySeptNove

HKD 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 14.2783, compared to 14.4600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1816 points.

H1 Avg (Jan–Jun) 14.2783
H2 Avg (Jul–Dec) 14.4600

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.5345 NPR (High: 14.6598 / Low: 14.1253). On the other end, October was the most stable month, with a tight range of 0.1625 NPR (High: 14.5957 / Low: 14.4332).

August Spread (Volatile) ±0.5345
October Spread (Stable) ±0.1625

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 0.3335 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 14.5435) against the same month in 2018 (average: 14.7105), the exchange rate shifted by -0.1669 (-1.13%).

2019 Avg (September) 14.5435
2018 Avg (September) 14.7105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.5537 14.1891 14.4100
February 14.6241 14.3681 14.4975
March 14.4403 13.9776 14.1640
April 14.3264 14.0599 14.1761
May 14.3660 14.1366 14.2232
June 14.2929 14.1301 14.1993
July 14.1935 13.9759 14.0747
August 14.6598 14.1253 14.4640
September 14.7539 14.4006 14.5435
October 14.5957 14.4332 14.4877
November 14.7293 14.4392 14.5988
December 14.6834 14.5026 14.5911