YEARLY HIGH
51.5979 NPR
YEARLY LOW
44.7334 NPR
YEARLY AVERAGE
48.1134 NPR

2018 TOP to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 51.5979. Conversely, the yearly low was recorded on January 2, dropping to 44.7334.

This high-to-low spread represents a total annual volatility of 6.8645 NPR. From a start-to-finish perspective, comparing the January average rate of 45.3071 to the December average rate of 49.6406, the exchange rate registered a net change of 9.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 51.5979 was up 7.76% compared to the 2017 peak of 47.8807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 257,990 NPR
2017 Average 229,911 NPR
Yearly Trough Low 223,667 NPR
Transaction Impact: A difference of 34,322.75 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

51.6706
44.7286
JanuMarcMayJulySeptNove

TOP 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 46.8316, compared to 49.3952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5636 points.

H1 Avg (Jan–Jun) 46.8316
H2 Avg (Jul–Dec) 49.3952

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.4346 NPR (High: 51.1037 / Low: 48.6691). On the other end, March was the most stable month, with a tight range of 0.6210 NPR (High: 47.0290 / Low: 46.4080).

November Spread (Volatile) ±2.4346
March Spread (Stable) ±0.6210

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.9828 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 51.0921) against the same month in 2017 (average: 46.5276), the exchange rate shifted by +4.5644 (+9.81%).

2018 Avg (October) 51.0921
2017 Avg (October) 46.5276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.0179 44.7334 45.3071
February 47.0268 45.9276 46.5197
March 47.0290 46.4080 46.7945
April 48.3052 46.4807 47.2464
May 48.5851 47.0027 47.6732
June 47.8571 46.9886 47.4485
July 47.8003 46.9960 47.4647
August 49.1318 47.4116 48.1654
September 50.3307 49.1318 49.8991
October 51.5979 50.4544 51.0921
November 51.1037 48.6691 50.1092
December 51.1002 48.8666 49.6406