2022 MYR to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MYR to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MYR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 30.0762. Conversely, the yearly low was recorded on November 6, dropping to 27.3891.
This high-to-low spread represents a total annual volatility of 2.6872 NPR. From a start-to-finish perspective, comparing the January average rate of 28.4228 to the December average rate of 29.8995, the exchange rate registered a net change of 5.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 30.0762 was up 2.98% compared to the 2021 peak of 29.2072, 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 2022.
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 28.5457, compared to 28.6198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0741 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 1.7896 NPR (High: 29.1787 / Low: 27.3891). On the other end, July was the most stable month, with a tight range of 0.2397 NPR (High: 28.7499 / Low: 28.5103).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4528 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 29.8995) against the same month in 2021 (average: 28.6155), the exchange rate shifted by +1.2840 (+4.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.6566 | 28.1083 | 28.4228 |
| February | 28.8557 | 28.4656 | 28.6289 |
| March | 29.4101 | 28.7772 | 29.0395 |
| April | 29.0087 | 27.9983 | 28.5868 |
| May | 28.3900 | 28.0467 | 28.2062 |
| June | 28.7052 | 28.2325 | 28.3900 |
| July | 28.7499 | 28.5103 | 28.6444 |
| August | 28.7281 | 28.2263 | 28.5184 |
| September | 28.4733 | 27.8426 | 28.2469 |
| October | 28.5017 | 27.6199 | 28.0674 |
| November | 29.1787 | 27.3891 | 28.3422 |
| December | 30.0762 | 29.3903 | 29.8995 |