YEARLY HIGH
163.2342 NPR
YEARLY LOW
154.1896 NPR
YEARLY AVERAGE
158.7922 NPR

2019 JOD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 163.2342. Conversely, the yearly low was recorded on July 11, dropping to 154.1896.

This high-to-low spread represents a total annual volatility of 9.0446 NPR. From a start-to-finish perspective, comparing the January average rate of 159.2184 to the December average rate of 160.5990, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 163.2342 was down 2.68% compared to the 2018 peak of 167.7373, 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 816,171 NPR
2018 Average 770,977 NPR
Yearly Trough Low 770,948 NPR
Transaction Impact: A difference of 45,223.17 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

161.8100
154.4793
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 157.9125, compared to 159.6720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7595 points.

H1 Avg (Jan–Jun) 157.9125
H2 Avg (Jul–Dec) 159.6720

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 6.4268 NPR (High: 162.3338 / Low: 155.9070). On the other end, June was the most stable month, with a tight range of 1.7978 NPR (High: 157.8293 / Low: 156.0315).

August Spread (Volatile) ±6.4268
June Spread (Stable) ±1.7978

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 3.5800 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.5800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 160.7811) against the same month in 2018 (average: 162.4405), the exchange rate shifted by -1.6594 (-1.02%).

2019 Avg (September) 160.7811
2018 Avg (September) 162.4405

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 160.9283 156.6882 159.2184
February 161.6957 159.0148 160.3803
March 159.9203 154.7548 156.8002
April 158.4992 155.6554 156.8771
May 159.0464 156.4217 157.4490
June 157.8293 156.0315 156.7499
July 156.4072 154.1896 155.0902
August 162.3338 155.9070 160.0562
September 163.2342 159.2584 160.7811
October 161.5090 159.5909 160.3065
November 162.6343 159.5236 161.1991
December 161.8611 159.5630 160.5990