YEARLY HIGH
15.8774 NPR
YEARLY LOW
14.5546 NPR
YEARLY AVERAGE
15.2787 NPR

2020 HKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 15.8774. Conversely, the yearly low was recorded on January 13, dropping to 14.5546.

This high-to-low spread represents a total annual volatility of 1.3228 NPR. From a start-to-finish perspective, comparing the January average rate of 14.6617 to the December average rate of 15.1960, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.8774 was up 7.61% compared to the 2019 peak of 14.7539, 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 396,934 NPR
2019 Average 359,200 NPR
Yearly Trough Low 363,865 NPR
Transaction Impact: A difference of 33,068.86 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.8206
14.5563
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 15.2718, compared to 15.2856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 15.2718
H2 Avg (Jul–Dec) 15.2856

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9306 NPR (High: 15.7539 / Low: 14.8234). On the other end, November was the most stable month, with a tight range of 0.1646 NPR (High: 15.4079 / Low: 15.2433).

March Spread (Volatile) ±0.9306
November Spread (Stable) ±0.1646

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.2376 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 15.7152) against the same month in 2019 (average: 14.1761), the exchange rate shifted by +1.5391 (+10.86%).

2020 Avg (April) 15.7152
2019 Avg (April) 14.1761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7872 14.5546 14.6617
February 14.8204 14.6545 14.7054
March 15.7539 14.8234 15.3145
April 15.8774 15.5538 15.7152
May 15.6902 15.3906 15.5995
June 15.7159 15.5133 15.6344
July 15.6090 15.3834 15.4677
August 15.5054 15.1311 15.3917
September 15.2282 14.9964 15.1541
October 15.3823 15.0929 15.1803
November 15.4079 15.2433 15.3237
December 15.2687 15.0750 15.1960