2018 JPY to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JPY to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JPY to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 1.0590. Conversely, the yearly low was recorded on January 7, dropping to 0.8977.
This high-to-low spread represents a total annual volatility of 0.1614 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9176 to the December average rate of 1.0079, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1.0590 was up 9.92% compared to the 2017 peak of 0.9635, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 JPY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JPY to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9666, compared to 1.0143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0477 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 0.0602 NPR (High: 1.0423 / Low: 0.9820). On the other end, April was the most stable month, with a tight range of 0.0149 NPR (High: 0.9853 / Low: 0.9703).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0302 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 1.0449) against the same month in 2017 (average: 0.9221), the exchange rate shifted by +0.1228 (+13.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.9368 | 0.8977 | 0.9176 |
| February | 0.9780 | 0.9250 | 0.9548 |
| March | 0.9928 | 0.9740 | 0.9815 |
| April | 0.9853 | 0.9703 | 0.9763 |
| May | 1.0022 | 0.9690 | 0.9844 |
| June | 0.9961 | 0.9728 | 0.9848 |
| July | 0.9980 | 0.9685 | 0.9864 |
| August | 1.0223 | 0.9812 | 1.0026 |
| September | 1.0429 | 1.0194 | 1.0290 |
| October | 1.0590 | 1.0230 | 1.0449 |
| November | 1.0423 | 0.9820 | 1.0147 |
| December | 1.0187 | 0.9838 | 1.0079 |