YEARLY HIGH
167.7373 NPR
YEARLY LOW
142.5540 NPR
YEARLY AVERAGE
154.1457 NPR

2018 JOD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 167.7373. Conversely, the yearly low was recorded on January 14, dropping to 142.5540.

This high-to-low spread represents a total annual volatility of 25.1833 NPR. From a start-to-finish perspective, comparing the January average rate of 143.4679 to the December average rate of 159.2644, the exchange rate registered a net change of 11.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 167.7373 was up 8.64% compared to the 2017 peak of 154.3989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 838,686 NPR
2017 Average 734,314 NPR
Yearly Trough Low 712,770 NPR
Transaction Impact: A difference of 125,916.51 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

168.2271
141.2170
JanuMarcMayJulySeptNove

JOD 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 148.0603, compared to 160.2312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.1709 points.

H1 Avg (Jan–Jun) 148.0603
H2 Avg (Jul–Dec) 160.2312

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 8.5227 NPR (High: 165.6104 / Low: 157.0877). On the other end, March was the most stable month, with a tight range of 1.0986 NPR (High: 147.1904 / Low: 146.0918).

November Spread (Volatile) ±8.5227
March Spread (Stable) ±1.0986

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 3.9527 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -3.9527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 165.9763) against the same month in 2017 (average: 146.8428), the exchange rate shifted by +19.1335 (+13.03%).

2018 Avg (October) 165.9763
2017 Avg (October) 146.8428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 144.5063 142.5540 143.4679
February 147.0974 143.5395 145.1859
March 147.1904 146.0918 146.6976
April 150.7675 146.0041 148.0821
May 153.9742 150.0542 152.1740
June 155.0073 151.0127 152.7542
July 155.6373 154.2763 154.8504
August 159.9998 154.3987 156.8319
September 163.9050 159.9998 162.4405
October 167.7373 164.3078 165.9763
November 165.6104 157.0877 162.0236
December 162.3413 157.2065 159.2644