YEARLY HIGH
12.5773 NPR
YEARLY LOW
10.8460 NPR
YEARLY AVERAGE
11.6489 NPR

2018 MAD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 12.5773. Conversely, the yearly low was recorded on January 10, dropping to 10.8460.

This high-to-low spread represents a total annual volatility of 1.7313 NPR. From a start-to-finish perspective, comparing the January average rate of 11.0032 to the December average rate of 11.8503, the exchange rate registered a net change of 7.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.5773 was up 13.10% compared to the 2017 peak of 11.1207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,887 NPR
2017 Average 53,688 NPR
Yearly Trough Low 54,230 NPR
Transaction Impact: A difference of 8,656.48 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.5595
10.8617
JanuMarcMayJulySeptNove

MAD 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 11.3036, compared to 11.9941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6905 points.

H1 Avg (Jan–Jun) 11.3036
H2 Avg (Jul–Dec) 11.9941

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.6339 NPR (High: 12.3387 / Low: 11.7048). On the other end, March was the most stable month, with a tight range of 0.0792 NPR (High: 11.3779 / Low: 11.2987).

November Spread (Volatile) ±0.6339
March Spread (Stable) ±0.0792

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3322 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 12.4180) against the same month in 2017 (average: 11.0211), the exchange rate shifted by +1.3969 (+12.68%).

2018 Avg (October) 12.4180
2017 Avg (October) 11.0211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.1272 10.8460 11.0032
February 11.3125 11.1258 11.2071
March 11.3779 11.2987 11.3281
April 11.5574 11.2656 11.4043
May 11.5561 11.3255 11.4611
June 11.5534 11.2993 11.4180
July 11.6841 11.5490 11.6171
August 12.0456 11.5441 11.7363
September 12.4309 12.0312 12.2572
October 12.5773 12.2790 12.4180
November 12.3387 11.7048 12.0858
December 12.1296 11.6885 11.8503