YEARLY HIGH
12.9032 NPR
YEARLY LOW
11.7306 NPR
YEARLY AVERAGE
12.3889 NPR

2022 MAD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 12.9032. Conversely, the yearly low was recorded on September 18, dropping to 11.7306.

This high-to-low spread represents a total annual volatility of 1.1726 NPR. From a start-to-finish perspective, comparing the January average rate of 12.8164 to the December average rate of 12.5448, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.9032 was down 4.28% compared to the 2021 peak of 13.4795, 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 64,516 NPR
2021 Average 65,738 NPR
Yearly Trough Low 58,653 NPR
Transaction Impact: A difference of 5,862.81 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.9047
11.8458
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 12.5650, compared to 12.2129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3522 points.

H1 Avg (Jan–Jun) 12.5650
H2 Avg (Jul–Dec) 12.2129

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.4397 NPR (High: 12.6112 / Low: 12.1715). On the other end, January was the most stable month, with a tight range of 0.2364 NPR (High: 12.8999 / Low: 12.6634).

July Spread (Volatile) ±0.4397
January Spread (Stable) ±0.2364

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2976 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 12.7697) against the same month in 2021 (average: 13.0007), the exchange rate shifted by -0.2310 (-1.78%).

2022 Avg (February) 12.7697
2021 Avg (February) 13.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.8999 12.6634 12.8164
February 12.9032 12.6366 12.7697
March 12.6767 12.2958 12.5266
April 12.5194 12.2269 12.4185
May 12.5659 12.2019 12.3562
June 12.6463 12.3142 12.5028
July 12.6112 12.1715 12.4290
August 12.4323 12.0219 12.2316
September 12.0537 11.7306 11.9340
October 12.1989 11.8710 12.0200
November 12.2791 11.9349 12.1179
December 12.6858 12.2746 12.5448