2020 MYR to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MYR to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MYR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 29.2822. Conversely, the yearly low was recorded on February 26, dropping to 27.1201.
This high-to-low spread represents a total annual volatility of 2.1621 NPR. From a start-to-finish perspective, comparing the January average rate of 27.9469 to the December average rate of 29.0411, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 29.2822 was up 4.30% compared to the 2019 peak of 28.0743, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MYR 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 27.8938, compared to 28.5302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6364 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.1319 NPR (High: 28.2667 / Low: 27.1348). On the other end, January was the most stable month, with a tight range of 0.3690 NPR (High: 28.1090 / Low: 27.7400).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 0.4530 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 29.0411) against the same month in 2019 (average: 27.4634), the exchange rate shifted by +1.5778 (+5.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.1090 | 27.7400 | 27.9469 |
| February | 27.8432 | 27.1201 | 27.4939 |
| March | 28.2667 | 27.1348 | 27.6860 |
| April | 28.3331 | 27.6708 | 28.0063 |
| May | 28.1577 | 27.7356 | 27.8776 |
| June | 28.5373 | 27.9943 | 28.3522 |
| July | 28.2464 | 27.8514 | 28.1105 |
| August | 28.7269 | 28.1188 | 28.4826 |
| September | 28.5032 | 28.0249 | 28.3049 |
| October | 28.7180 | 28.1852 | 28.3400 |
| November | 29.1063 | 28.6257 | 28.9021 |
| December | 29.2822 | 28.8564 | 29.0411 |