YEARLY HIGH
0.0687 HKD
YEARLY LOW
0.0630 HKD
YEARLY AVERAGE
0.0655 HKD

2020 NPR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0687. Conversely, the yearly low was recorded on April 21, dropping to 0.0630.

This high-to-low spread represents a total annual volatility of 0.0057 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0682 to the December average rate of 0.0658, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0687 was down 3.98% compared to the 2019 peak of 0.0716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 344 HKD
2019 Average 348 HKD
Yearly Trough Low 315 HKD
Transaction Impact: A difference of 28.62 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0687
0.0632
JanuMarcMayJulySeptNove

NPR to HKD 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 0.0655, compared to 0.0654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0655
H2 Avg (Jul–Dec) 0.0654

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0040 HKD (High: 0.0675 / Low: 0.0635). On the other end, November was the most stable month, with a tight range of 0.0007 HKD (High: 0.0656 / Low: 0.0649).

March Spread (Volatile) ±0.0040
November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0682) against the same month in 2019 (average: 0.0694), the exchange rate shifted by -0.0012 (-1.72%).

2020 Avg (January) 0.0682
2019 Avg (January) 0.0694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0687 0.0676 0.0682
February 0.0682 0.0675 0.0680
March 0.0675 0.0635 0.0653
April 0.0643 0.0630 0.0636
May 0.0650 0.0637 0.0641
June 0.0645 0.0636 0.0640
July 0.0650 0.0641 0.0647
August 0.0661 0.0645 0.0650
September 0.0667 0.0657 0.0660
October 0.0663 0.0650 0.0659
November 0.0656 0.0649 0.0653
December 0.0663 0.0655 0.0658