YEARLY HIGH
0.3753 NPR
YEARLY LOW
0.3035 NPR
YEARLY AVERAGE
0.3129 NPR

2019 NGN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.3753. Conversely, the yearly low was recorded on July 16, dropping to 0.3035.

This high-to-low spread represents a total annual volatility of 0.0718 NPR. From a start-to-finish perspective, comparing the January average rate of 0.3109 to the December average rate of 0.3141, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3753 was up 14.64% compared to the 2018 peak of 0.3274, 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 375,303 NPR
2018 Average 302,783 NPR
Yearly Trough Low 303,517 NPR
Transaction Impact: A difference of 71,785.84 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3228
0.3034
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 0.3124, compared to 0.3134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.3124
H2 Avg (Jul–Dec) 0.3134

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0692 NPR (High: 0.3753 / Low: 0.3061). On the other end, July was the most stable month, with a tight range of 0.0030 NPR (High: 0.3065 / Low: 0.3035).

August Spread (Volatile) ±0.0692
July Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.3165) against the same month in 2018 (average: 0.3083), the exchange rate shifted by +0.0083 (+2.68%).

2019 Avg (August) 0.3165
2018 Avg (August) 0.3083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3149 0.3050 0.3109
February 0.3178 0.3120 0.3147
March 0.3151 0.3037 0.3087
April 0.3118 0.3065 0.3088
May 0.3128 0.3070 0.3099
June 0.3636 0.3070 0.3211
July 0.3065 0.3035 0.3050
August 0.3753 0.3061 0.3165
September 0.3194 0.3112 0.3152
October 0.3162 0.3122 0.3141
November 0.3184 0.3122 0.3155
December 0.3167 0.3118 0.3141