YEARLY HIGH
1.0590 NPR
YEARLY LOW
0.8977 NPR
YEARLY AVERAGE
0.9904 NPR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 529,523 NPR
2017 Average 464,394 NPR
Yearly Trough Low 448,828 NPR
Transaction Impact: A difference of 80,695.18 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0576
0.9048
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 0.9666
H2 Avg (Jul–Dec) 1.0143

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±0.0602
April Spread (Stable) ±0.0149

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (October) 1.0449
2017 Avg (October) 0.9221

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