2022 NPR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NPR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NPR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 16.9421. Conversely, the yearly low was recorded on October 29, dropping to 15.4895.
This high-to-low spread represents a total annual volatility of 1.4526 BIF. From a start-to-finish perspective, comparing the January average rate of 16.8163 to the December average rate of 15.6690, the exchange rate registered a net change of -6.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 16.9421 was down 0.51% compared to the 2021 peak of 17.0282, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NPR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NPR to BIF 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 16.6185, compared to 15.9032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7153 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 0.5601 BIF (High: 16.2552 / Low: 15.6951). On the other end, July was the most stable month, with a tight range of 0.2517 BIF (High: 16.2963 / Low: 16.0446).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4035 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 16.8163) against the same month in 2021 (average: 16.6417), the exchange rate shifted by +0.1746 (+1.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.9421 | 16.5532 | 16.8163 |
| February | 16.8808 | 16.5944 | 16.7447 |
| March | 16.8366 | 16.3189 | 16.6049 |
| April | 16.9066 | 16.4962 | 16.6725 |
| May | 16.7280 | 16.2046 | 16.4605 |
| June | 16.6329 | 16.2630 | 16.4123 |
| July | 16.2963 | 16.0446 | 16.1685 |
| August | 16.3188 | 16.0174 | 16.1474 |
| September | 16.2552 | 15.6951 | 16.0337 |
| October | 15.8249 | 15.4895 | 15.6302 |
| November | 15.9976 | 15.5008 | 15.7705 |
| December | 15.9311 | 15.5625 | 15.6690 |