YEARLY HIGH
0.3274 NPR
YEARLY LOW
0.2807 NPR
YEARLY AVERAGE
0.3027 NPR

2018 NGN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.3274. Conversely, the yearly low was recorded on January 10, dropping to 0.2807.

This high-to-low spread represents a total annual volatility of 0.0467 NPR. From a start-to-finish perspective, comparing the January average rate of 0.2827 to the December average rate of 0.3105, 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 0.3274 was down 8.44% compared to the 2017 peak of 0.3575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 327,377 NPR
2017 Average 313,612 NPR
Yearly Trough Low 280,704 NPR
Transaction Impact: A difference of 46,673.15 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3283
0.2785
JanuMarcMayJulySeptNove

NGN 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 0.2917, compared to 0.3137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.2917
H2 Avg (Jul–Dec) 0.3137

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0174 NPR (High: 0.3236 / Low: 0.3062). On the other end, March was the most stable month, with a tight range of 0.0020 NPR (High: 0.2899 / Low: 0.2879).

November Spread (Volatile) ±0.0174
March Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0078 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.3241) against the same month in 2017 (average: 0.2899), the exchange rate shifted by +0.0343 (+11.82%).

2018 Avg (October) 0.3241
2017 Avg (October) 0.2899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2849 0.2807 0.2827
February 0.2889 0.2830 0.2857
March 0.2899 0.2879 0.2889
April 0.2973 0.2885 0.2920
May 0.3036 0.2952 0.2998
June 0.3056 0.2975 0.3010
July 0.3063 0.3032 0.3047
August 0.3134 0.3033 0.3083
September 0.3206 0.3134 0.3184
October 0.3274 0.3204 0.3241
November 0.3236 0.3062 0.3163
December 0.3170 0.3060 0.3105