YEARLY HIGH
0.3082 NPR
YEARLY LOW
0.2860 NPR
YEARLY AVERAGE
0.2967 NPR

2022 NGN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 0.3082. Conversely, the yearly low was recorded on January 12, dropping to 0.2860.

This high-to-low spread represents a total annual volatility of 0.0223 NPR. From a start-to-finish perspective, comparing the January average rate of 0.2878 to the December average rate of 0.2962, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3082 was down 2.47% compared to the 2021 peak of 0.3160, 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 308,247 NPR
2021 Average 293,224 NPR
Yearly Trough Low 285,971 NPR
Transaction Impact: A difference of 22,275.98 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3053
0.2862
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 0.2934, compared to 0.3000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.2934
H2 Avg (Jul–Dec) 0.3000

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0107 NPR (High: 0.3019 / Low: 0.2912). On the other end, January was the most stable month, with a tight range of 0.0032 NPR (High: 0.2892 / Low: 0.2860).

November Spread (Volatile) ±0.0107
January Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0065 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.3037) against the same month in 2021 (average: 0.2897), the exchange rate shifted by +0.0140 (+4.82%).

2022 Avg (July) 0.3037
2021 Avg (July) 0.2897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2892 0.2860 0.2878
February 0.2905 0.2869 0.2881
March 0.2958 0.2911 0.2930
April 0.2964 0.2897 0.2934
May 0.2994 0.2940 0.2976
June 0.3044 0.2974 0.3003
July 0.3082 0.3000 0.3037
August 0.3060 0.2980 0.3025
September 0.3044 0.2941 0.2992
October 0.3056 0.2997 0.3023
November 0.3019 0.2912 0.2959
December 0.2983 0.2928 0.2962