YEARLY HIGH
0.9680 NPR
YEARLY LOW
0.7986 NPR
YEARLY AVERAGE
0.9025 NPR

2018 PKR to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PKR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.9680. Conversely, the yearly low was recorded on December 31, dropping to 0.7986.

This high-to-low spread represents a total annual volatility of 0.1694 NPR. From a start-to-finish perspective, comparing the January average rate of 0.9199 to the December average rate of 0.8131, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9680 was down 7.66% compared to the 2017 peak of 1.0482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 483,978 NPR
2017 Average 494,653 NPR
Yearly Trough Low 399,282 NPR
Transaction Impact: A difference of 84,695.57 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9468
0.8009
JanuMarcMayJulySeptNove

PKR to NPR 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 0.9219, compared to 0.8831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0389 points.

H1 Avg (Jan–Jun) 0.9219
H2 Avg (Jul–Dec) 0.8831

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0904 NPR (High: 0.9680 / Low: 0.8776). On the other end, January was the most stable month, with a tight range of 0.0125 NPR (High: 0.9278 / Low: 0.9153).

October Spread (Volatile) ±0.0904
January Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0489 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.9071) against the same month in 2017 (average: 0.9888), the exchange rate shifted by -0.0817 (-8.26%).

2018 Avg (October) 0.9071
2017 Avg (October) 0.9888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9278 0.9153 0.9199
February 0.9425 0.9215 0.9307
March 0.9434 0.8975 0.9260
April 0.9247 0.8979 0.9085
May 0.9444 0.9185 0.9332
June 0.9338 0.8917 0.9132
July 0.9082 0.8512 0.8825
August 0.9230 0.8869 0.9028
September 0.9446 0.9223 0.9346
October 0.9680 0.8776 0.9071
November 0.8813 0.8307 0.8582
December 0.8341 0.7986 0.8131