2022 NPR to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NPR to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NPR to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 26.5573. Conversely, the yearly low was recorded on March 9, dropping to 23.3637.
This high-to-low spread represents a total annual volatility of 3.1936 MNT. From a start-to-finish perspective, comparing the January average rate of 24.0238 to the December average rate of 25.8251, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 26.5573 was up 7.61% compared to the 2021 peak of 24.6790, 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 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 24.3124, compared to 25.3375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0250 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 1.0317 MNT (High: 25.7443 / Low: 24.7126). On the other end, July was the most stable month, with a tight range of 0.2380 MNT (High: 24.8336 / Low: 24.5956).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2493 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 26.0266) against the same month in 2021 (average: 23.9784), the exchange rate shifted by +2.0483 (+8.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1936 | 23.8094 | 24.0238 |
| February | 24.0146 | 23.6862 | 23.8921 |
| March | 23.9481 | 23.3637 | 23.6521 |
| April | 24.7436 | 23.8004 | 24.4281 |
| May | 25.0544 | 24.5760 | 24.9200 |
| June | 25.0501 | 24.7542 | 24.9585 |
| July | 24.8336 | 24.5956 | 24.7092 |
| August | 25.2545 | 24.8631 | 25.0122 |
| September | 25.5359 | 24.6738 | 25.1616 |
| October | 25.7443 | 24.7126 | 25.2901 |
| November | 26.5573 | 25.5294 | 26.0266 |
| December | 26.2147 | 25.6298 | 25.8251 |