2018 NPR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NPR to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NPR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 23.9748. Conversely, the yearly low was recorded on June 14, dropping to 19.9984.
This high-to-low spread represents a total annual volatility of 3.9763 MNT. From a start-to-finish perspective, comparing the January average rate of 23.7966 to the December average rate of 21.8033, the exchange rate registered a net change of -8.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 23.9748 was down 0.72% compared to the 2017 peak of 24.1497, 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 2018.
NPR to MNT 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 22.8628, compared to 21.6585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2044 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 2.4951 MNT (High: 22.4935 / Low: 19.9984). On the other end, March was the most stable month, with a tight range of 0.1654 MNT (High: 23.0898 / Low: 22.9244).
Growth Streaks & Declines
TrendsBetween October and December, 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 August and September, when the average rate fell by 0.7631 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 23.7966) against the same month in 2017 (average: 22.8082), the exchange rate shifted by +0.9885 (+4.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.9748 | 23.6015 | 23.7966 |
| February | 23.7047 | 22.9243 | 23.3061 |
| March | 23.0898 | 22.9244 | 22.9951 |
| April | 23.0668 | 22.3723 | 22.7528 |
| May | 22.5229 | 22.0207 | 22.2370 |
| June | 22.4935 | 19.9984 | 22.0892 |
| July | 22.2990 | 22.0949 | 22.2169 |
| August | 22.2722 | 21.5129 | 21.9462 |
| September | 21.5129 | 21.0005 | 21.1831 |
| October | 21.2915 | 20.9269 | 21.1159 |
| November | 22.4850 | 21.1666 | 21.6854 |
| December | 22.3781 | 21.3003 | 21.8033 |