2016 NPR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NPR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NPR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 285.4397. Conversely, the yearly low was recorded on February 28, dropping to 273.7871.
This high-to-low spread represents a total annual volatility of 11.6526 IRR. From a start-to-finish perspective, comparing the January average rate of 278.7273 to the December average rate of 277.0268, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 285.4397 was down 1.99% compared to the 2015 peak of 291.2496, 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 2016.
NPR to IRR 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 281.0600, compared to 280.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0356 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 8.3468 IRR (High: 282.3031 / Low: 273.9563). On the other end, April was the most stable month, with a tight range of 1.5702 IRR (High: 285.2411 / Low: 283.6708).
Growth Streaks & Declines
TrendsBetween July and October, 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 October and November, when the average rate fell by 3.5292 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 282.8646) against the same month in 2015 (average: 278.5670), the exchange rate shifted by +4.2976 (+1.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 283.0229 | 275.2816 | 278.7273 |
| February | 279.2744 | 273.7871 | 276.4313 |
| March | 284.9071 | 277.2157 | 282.2691 |
| April | 285.2411 | 283.6708 | 284.3154 |
| May | 285.4397 | 279.9088 | 282.8646 |
| June | 284.0751 | 278.2244 | 281.7522 |
| July | 282.8312 | 278.9720 | 280.4030 |
| August | 281.8203 | 279.4732 | 280.9330 |
| September | 283.2616 | 280.0470 | 281.6400 |
| October | 283.3093 | 281.1865 | 281.8363 |
| November | 282.3031 | 273.9563 | 278.3071 |
| December | 278.8910 | 275.2858 | 277.0268 |