YEARLY HIGH
0.3354 NPR
YEARLY LOW
0.2981 NPR
YEARLY AVERAGE
0.3117 NPR

2020 NGN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.3354. Conversely, the yearly low was recorded on December 26, dropping to 0.2981.

This high-to-low spread represents a total annual volatility of 0.0373 NPR. From a start-to-finish perspective, comparing the January average rate of 0.3146 to the December average rate of 0.3069, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3354 was down 10.62% compared to the 2019 peak of 0.3753, 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 335,440 NPR
2019 Average 312,850 NPR
Yearly Trough Low 298,097 NPR
Transaction Impact: A difference of 37,342.88 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3223
0.3047
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 0.3150, compared to 0.3085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.3150
H2 Avg (Jul–Dec) 0.3085

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0267 NPR (High: 0.3354 / Low: 0.3087). On the other end, July was the most stable month, with a tight range of 0.0044 NPR (High: 0.3119 / Low: 0.3075).

March Spread (Volatile) ±0.0267
July Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3208) against the same month in 2019 (average: 0.3087), the exchange rate shifted by +0.0121 (+3.93%).

2020 Avg (March) 0.3208
2019 Avg (March) 0.3087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3168 0.3119 0.3146
February 0.3172 0.3126 0.3141
March 0.3354 0.3087 0.3208
April 0.3305 0.3100 0.3166
May 0.3147 0.3071 0.3109
June 0.3150 0.3105 0.3128
July 0.3119 0.3075 0.3093
August 0.3167 0.3027 0.3097
September 0.3101 0.3008 0.3061
October 0.3134 0.3037 0.3080
November 0.3140 0.3087 0.3110
December 0.3106 0.2981 0.3069